McDonald's (MCD) Declares $0.94 Quarterly Dividend; 2.4% Yield

McDonald's (MCD) PT Raised to $175 at Argus on 2Q Report; 'Continued Optimism Reflects Improved Revenue Expectations'

Argus raised its price target on McDonald's (NYSE: MCD) to $175.00 (from $158.00) while maintaining a Buy rating, following the company's second quarter earnings announcement.

Analyst John Staszak notes the company delivered second quarter earnings per share and revenues results above consensus projections fueled... More

McDonald's (MCD) PT Raised to $175 at BMO Capital on 2Q; 'Momentum Building Behind Signature Quarter'

BMO Capital raised its price target on McDonald's (NYSE: MCD) to $175.00 (from $165.00) while maintaining a Outperform rating, following the company's second quarter earnings report.

Analyst Andrew Strelzik notes the company delivered second quarter earnings per share and revenues above consensus projections, fueled by strong... More

McDonald's (MCD) PT Raised to $160 at UBS

UBS raised its price target on McDonald's (NYSE: MCD) to $160.00 (from $143.00) while maintaining a Neutral rating following the company's 2Q earnings report. MCD reported 2Q EPS of $1.70, ahead of the consensus estimate of $1.62.

UBS raised 2017 EPS estimates to $6.58. 2018 estimates were also raised to... More

McDonald's (MCD) PT Raised to $162 at Morgan Stanley

Morgan Stanley raised its price target on McDonald's (NYSE: MCD) to $162.00 (from $150.00) while maintaining a Equalweight rating.

McDonald's (MCD) PT Raised to $180 at Deutsche Bank

Deutsche Bank analyst Brett Levy raised his price target on McDonald's (NYSE: MCD) to $180.00 (from $175.00) while maintaining a Buy rating.

Levy notes the company's blended comps were its strongest in five years and the company "generated above-average profit growth, despite near-term macro pressures,... More

McDonald's (MCD): Raising PT To $175 - RBC

RBC Capital analyst, David Palmer, reiterated his Outperform rating on shares of McDonald's (NYSE: MCD) and raised his price target to $175 after the company posted strong 1Q results. The increase in the PT is not due to a projected earnings increase however, and... More

McDonald's (MCD) PT Raised to $173 at Barclays

Barclays raised its price target on McDonald's (NYSE: MCD) to $173.00 (from $164.00) while maintaining a Overweight rating.

Analyst Jeff Bernstein says the focus remains in the US which currently is benefiting from the company beverage value promotion along with premium sandwiches. He expects... More

McDonald's (MCD) PT Raised to $174 at Goldman Sachs

Goldman Sachs raised its price target on McDonald's (NYSE: MCD) to $174.00 (from $167.00) while maintaining a Buy rating.

Analyst Karen Holthouse believes it will become more difficult for skeptics to dismiss the potential for a continuation in comp beats and positive revisions to... More

McDonald's (MCD) Says McDelivery Expands to 4,200 Restaurants in 13 Countries with UberEATS

From New York City to New Zealand and Canada to the Netherlands, McDonald's (NYSE: MCD) has expanded McDelivery with UberEATS to 13 countries, including 3,500 restaurants in the U.S. in the past three months. McDelivery is now available across the globe from over 7,800 restaurants in 47 countries and six continents.

In celebration of this new way for customers to enjoy their favorite menu items delivered right to their home, work or beyond, McDonald's is marking the milestone with... More

McDonald's (MCD) PT Raised to $170 at Mizuho Securities Following 2Q

Mizuho Securities raised its price target on McDonald's (NYSE: MCD) to $170.00 (from $168.00) while maintaining a Buy rating following the company's 2Q earnings report. McDonald's beat EPS estimates by $0.15, driven by better top line, better overall restaurant margins, lower SG&A, gain on sales from... More

Jobs lift U.S. consumer confidence to near 16-year high

By Lucia Mutikani

WASHINGTON (Reuters) - U.S consumer confidence jumped to a near 16-year high in July amid optimism over the labor market while house prices maintained their upward trend in May, which could boost consumer spending after recent sluggishness.

The reports on Tuesday underscored the economy's strong fundamentals, expected to keep the Federal Reserve on course to raise interest rates for a third time this year.

"This brightens the outlook for the economy as we enter the second half of the year," said Chris Rupkey, chief economist at MUFG in New York. "We expect Fed... More

Custom burgers, $1 drinks boost McDonald's sales; shares jump

By Lisa Baertlein and Sruthi Ramakrishnan

(Reuters) - McDonald's Corp (NYSE: MCD) on Tuesday posted its biggest jump in global sales at established restaurants in five years, helped by stronger traffic worldwide and U.S. initiatives including drink specials and custom sandwiches.

The world's biggest fast-food chain by revenue has been working to reverse traffic declines at U.S. restaurants, its top profit generator, with new products and services like fresh beef Quarter Pounders, signature crafted sandwiches, mobile ordering and delivery.

The moves are part of a broader turnaround plan under Chief... More