Stephens downgraded McDonald's (NYSE: MCD) from Overweight to Equal Weight with a price target of $100.00 (from $115.00).

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Shares of McDonald's closed at $96.27 yesterday.

Analyst PT Change Downgrades

McDonald's (MCD) Estimates Cut at Jefferies Amid Disappointing Q2 July 23, 2014 8:26 AM Sterne Agee Downgrades McDonald's (MCD) to NeutralJuly 23, 2014 7:45 AM Baird Downgrades McDonald's (MCD) to NeutralJuly 23, 2014 6:59 AM Susquehanna Downgrades McDonald's (MCD) to NeutralJuly 23, 2014 6:58 AM McDonalds Corp. (MCD) Misses Q2 EPS by 4cJuly 22, 2014 7:58 AM