McDonald's (MCD) Tops Q3 EPS by 12c
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McDonald's (MCD) PT Lifted to $118 at Credit Suisse
October 23, 2015 8:07 AM EDTCredit Suisse analyst J. West reiterated an Outperform rating and boosted its price target on McDonald's (NYSE: MCD) to $118.00 (from $112.00) following strong earnings yesterday.
West commented, "MCD's healthy 3Q beat suggests CEO Easterbrook's recovery plan is beginning to gain traction. While... More
Piper Jaffray Upgrades McDonald's (MCD) to Overweight; $130 PT
October 23, 2015 7:01 AM EDTPiper Jaffray upgraded McDonald's (NYSE: MCD) from Neutral to Overweight with a price target of $130.00 (from $95.00).
Analyst Nicole Miller Regan commented, "Third-quarter operating earnings increased 4% y/y to $1.40 vs. consensus of $1.27 per share. The company is looking for positive same-store sales... More
McDonald's (MCD) PT Raised to $120 at RBC Capital; Sees More Ahead
October 23, 2015 6:20 AM EDTRBC Capital analyst David Palmer reiterated an Outperform rating and raised estimate and his price target on McDonald's (NYSE: MCD) to $120.00 (from $110.00) following solid results yesterday.
"We are raising our price target and EPS estimates as we believe our thesis appears to be playing out as expected," Palmer said. "While All-Day Breakfast and value initiatives appear to be the catalysts needed to jump-start McDonald's US trends, we suspect brand upgrades are coming in 2016... More
S&P 500 ends at highest in two months; Alphabet up after hours
October 22, 2015 7:00 AM EDTBy Caroline Valetkevitch
(Reuters) - The S&P 500 closed at its highest in two months on Thursday as stronger-than-expected earnings from several top companies, including McDonald's, relieved investors' concerns about the profit outlook.
Buying accelerated after the close, with broad gains in tech and other companies that reported results, including Alphabet (NASDAQ: GOOGL), up 9.6 percent at $746.78, and Microsoft (NASDAQ: MSFT), up 7.2 percent at $51.50. Amazon (NASDAQ: AMZN) rose 10.6 percent to $623.75 after it posted results.
Nasdaq 100 futures jumped after the close... More
