DZ Bank Downgrades McDonald's (MCD) to Hold

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McDonald's (MCD) PT Raised to $235 at KeyBanc

July 29, 2019 11:05 AM EDT

KeyBanc analyst Eric Gonzalez raised the price target on McDonald's (NYSE: MCD) to $235.00 (from $215.00) while maintaining a Overweight rating.

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McDonald's (MCD) PT Raised to $218 at UBS

July 29, 2019 8:22 AM EDT

UBS analyst Dennis Geiger raised the price target on McDonald's (NYSE: MCD) to $218.00 (from $203.00) while maintaining a Neutral rating.

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McDonald's (MCD) PT Raised to $240 at SunTrust

July 29, 2019 7:48 AM EDT

SunTrust raised its price target on McDonald's (NYSE: MCD) to $240.00 (from $230.00) while maintaining a Buy rating.

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McDonald's (MCD) PT Raised to $210 at Stifel

July 29, 2019 7:11 AM EDT

Stifel analyst Chris O\'Cull raised the price target on McDonald's (NYSE: MCD) to $210.00 (from $200.00) while maintaining a Hold rating.

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McDonald's (MCD) PT Raised to $230 at BMO Capital

July 29, 2019 6:46 AM EDT

BMO Capital analyst Andrew Strelzik raised the price target on McDonald's (NYSE: MCD) to $230.00 (from $210.00) while maintaining an Outperform rating.

McDonald's McDelivers Best Comp in 7 Years as Top-Line Momentum Builds

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Goldman Sachs Starts McDonald's (MCD) at Buy

July 29, 2019 6:45 AM EDT

Goldman Sachs analyst Katherine Fogerty initiates coverage on McDonald's (NYSE: MCD) with a Buy rating and a price target of $250.00.

For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.

Shares of McDonald's closed at $216.36 yesterday.

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McDonald's (MCD) PT Raised to $230 at Stephens

July 29, 2019 6:22 AM EDT

Stephens analyst Will Slabaugh raised the price target on McDonald's (NYSE: MCD) to $230.00 (from $220.00) while maintaining a Overweight rating.

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McDonald's (MCD) PT Raised to $237 at Wells Fargo

July 29, 2019 6:19 AM EDT

Wells Fargo raised its price target on McDonald's (NYSE: MCD) to $237.00 (from $235.00) while maintaining a Outperform rating.

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McDonald's (MCD) PT Raised to $230 at Mizuho Securities

July 29, 2019 5:37 AM EDT

Mizuho Securities analyst Jeremy Scott raised the price target on McDonald's (NYSE: MCD) to $230.00 (from $215.00) while maintaining a Buy rating.

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McDonald's beats sales forecast on new deals, store revamp

July 26, 2019 8:05 AM EDT

By Nivedita Balu and Aishwarya Venugopal

(Reuters) - McDonald's Corp (NYSE: MCD) beat quarterly sales expectations at established U.S. restaurants on Friday, as the world's largest burger chain attracted more diners with upgraded stores and new promotions, such as the 2 for $5 Mix and Match deal.

The company's stock, a component of the blue-chip Dow Jones Industrial index , rose as much as 2% to a record high of $218.96, the third major restaurant chain to hit a peak this week.

McDonald's is the latest restaurant chain to report solid growth, driven by new menu... More

McDonald's (MCD) Reports In-Line Q2 EPS, Global Comps Increase 6.5%, U.S. Comps Up 5.7%

July 26, 2019 7:59 AM EDT

McDonald's (NYSE: MCD) reported Q2 EPS of $2.05, in-line with the analyst estimate of $2.05. Revenue for the quarter came in at $5.34 million, versus $5.33 million reported last year.

Global comparable sales increased 6.5%, reflecting strong comparable sales across all segments.In the U.S., second... More

Alphabet, Starbucks drive Wall Street to record high

July 26, 2019 7:29 AM EDT

(This July 26 story fixes spelling of company name in paragraph 12)

By Noel Randewich

(Reuters) - Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.

The U.S. Commerce Department said GDP increased at an annualized rate of 2.1% in the second quarter, higher than a 1.8% rate forecast by economists polled by Reuters.

The GDP data further solidified wide expectations that the U.S. Federal Reserve will cut interest rates... More