Lazard Starts McDonald's (MCD), Starbucks (SBUX) at Buy, Buffalo Wild Wings (BWLD) at Neutral

June 7, 2011 9:14 AM EDT Send to a Friend
Get Alerts MCD Hot Sheet
Price: $102.14 +0.59%

Rating Summary:
    7 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
Trade MCD Now!
In the Restaurant space Tuesday morning, an analyst at Lazard Capital started coverage on the following stocks:
  • McDonald's (NYSE: MCD) with a Buy rating and a $92 price target
  • Starbucks (Nasdaq: SBUX) with a Buy rating and a $47 price target
  • Buffalo Wild Wings (Nasdaq: BWLD) with a Neutral rating
With McDonald's shares trading up 0.7 percent to $81.26 in pre-market action, Lazard's new price target suggests potential upside of about 13 percent. The firm's target on Starbucks' shares, which last traded at $35.77 ahead of the open, represents possible price appreciation of more than 31 percent.

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