McDonald's (MCD) Announces its Exclusive Plant-Based Burger, McPlant; Beyond Meat (BYND) Shares Collapse

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Go back to McDonald's (MCD) Announces its Exclusive Plant-Based Burger, McPlant; Beyond Meat (BYND) Shares Collapse

Raymond James Reiterates Market Perform Rating on McDonald's (MCD)

November 10, 2020 7:51 AM EST

Raymond James analyst Brian Vaccaro reiterated a Market Perform rating on McDonald's (NYSE: MCD) following the company's virtual Investor Day presentation. Raymond James reduced 2021/22 EPS estimates to $8.27/$8.85. Vaccaro views the stock as fairly valued.

McDonald's reported 3Q adjusted EPS of $2.22 that was... More