Moody's Downgrades McDonald's (MCD) Senior Unsecured Ratings to 'Baa1' Following Plans to Increase Leverage

McDonald's (MCD) Holds Investor Event; UBS Raises Price Target to $125

UBS reiterated a Buy rating on McDonald's (NYSE: MCD), and raised the price target to $125.00 (from $122.00), following the company's investor event. While a permanent value plan was not provided, it appears a plan is coming and will include periods of national value focus as well as a regional... More

McDonald's (MCD) Analyst Day Indicates More Cash Flow for Buybacks - Piper Jaffray

Piper Jaffray analyst, Nicole Regan, attended McDonald's (NYSE: MCD) analyst day and believes that current initiatives are on track to increase cash flow which will drive share buybacks over time. She projects a +1.6% global 4Q15 comp, composed of flat in the U.S., +3.0% at Intl Lead markets, +3.0% at High Growth markets and +2.0% in... More

McDonald's (MCD) PT Raised to $128 at Credit Suisse Post Investor Day

Credit Suisse analyst J. West reiterated an Outperform rating and boosted his price target on McDonald's (NYSE: MCD) to $128.00 (from $118.00) following the company's investor day.

West commented, "We came away from MCD's Investor Day still positive on the near-term and long-term outlook... More

UPDATE: S&P Cuts McDonald's (MCD) to 'BBB+'; Notes Increased Leverage on Sharply Higher Debt Load for 2016

(Updated - November 10, 2015 2:56 PM EST)

Standard & Poor's Ratings Services lowered all of its ratings, including the corporate credit rating, on McDonald's Corp. (NYSE: MCD) to 'BBB+' from 'A-'. The outlook is stable. The commercial paper rating remains 'A-2'.

The downgrade reflects our assessment of the higher leverage from the sharply higher debt load planned in 2016 to return an additional $10 billion of cash to shareholders by the end of next year. Overall, we believe this approach marks a significant and rapid shift in financial policy for the... More