Stephens Remains Sidelined on McDonald's (MCD) Following 4Q

Stephens analyst, Will Slabaugh, reiterated an Equal Weight rating and $180.00 price target on McDonald's (NYSE: MCD) following the company's 4Q earnings release. Slabaugh viewed the results as a mixed bag, with the U.S. virtually in-line, international markets better than feared, and EPS below expectations, with additional cautious commentary on the call around FY19 earnings pressures.

Stephens raised U.S. SSS growth estimate for 1Q19 to +3.5% from +3.0% (vs. consensus of +2.9%). FY19 U.S. SSS growth goes to +2.9% from +2.8%. All other estimates remain the same.

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

Shares of McDonald's closed at $176.72 yesterday.

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