Credit Agricole Upgrades McDonald's (MCD) to Buy, Cuts Target to $105

June 11, 2012 8:55 AM EDT
Get Alerts MCD Hot Sheet
Price: $270.95 +0.68%

Rating Summary:
    26 Buy, 23 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 6 | New: 26
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Credit Agricole's Dian Geissler upgraded shares of McDonald's (NYSE: MCD) from Outperform to Buy Monday morning. The analyst's price target was lowered from $110 to $105.

McDonald's shares last traded at $88.48, up about 0.8 percent in pre-market action. Geissler's new price target implies potential upside of about 19 percent from where the stock is currently trading.

For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.


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