McDonald's (MCD) Tops Q2 EPS by 6c; Comps Growth Shy of Views

UBS Reiterates Buy on McDonald's (MCD) Following 2Q

UBS reiterated a Buy rating and $138.00 price target on McDonald's (NYSE: MCD) following the company's 2Q earnings report. Disappointing U.S. sss highlight the challenge of maintaining momentum against industry headwinds. However, MCD continues to outperform peers and a positive 130 bps sss... More

McDonald's (MCD) PT Bumped to $132 at Credit Suisse Despite U.S. Comp Miss

Credit Suisse analyst J. West reiterated an Outperform rating and bumped his price target on McDonald's (NYSE: MCD) to $132.00 (from $130.00) following Q2, which included a miss on U.S. comps.

West commented, "MCD's miss on US SSS (+1.8% vs. CS/cons. +2.3%/+3.2%) drove a... More

Jefferies Reiterates Hold on McDonald's (MCD) Following 2Q

Jefferies reiterated a Hold rating and $115.00 price target on McDonald's (NYSE: MCD) following the company's 2Q earnings report. Global SSS of +3.1% decelerated, driven mainly by slower US SSS of +1.8% and negative traffic. Commodity deflation of 4.5% drove lower than expected COGs, which offset... More

RBC Capital Updates Estimates on McDonald's (MCD) Following 2Q; Reiterates Outperform

RBC Capital reiterated an Outperform rating and $140.00 price target on McDonald's (NYSE: MCD) following the company's 2Q earnings report. RBC updated 2016 EPS estimates, increasing forecasts to $5.64, compared to $5.50 prior, ahead of $5.53 consensus.

Analyst David Palmer commented, "While sales growth has slowed, we... More

McDonald's seeks franchise partners for Singapore, Malaysia stores

HONG KONG/SINGAPORE (Reuters) - McDonald's Corp (NYSE: MCD) said it is seeking franchise partners for its restaurants in Malaysia and Singapore as part of its move to away from direct ownership and operation in Asia.

"McDonald's has taken the decision to adopt a development licensee model for the Malaysia and Singapore... More