McDonald's (MCD) Tops Q2 EPS by 8c, revenue misses, global comparable sales increased 9.7%

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Go back to McDonald's (MCD) Tops Q2 EPS by 8c, revenue misses, global comparable sales increased 9.7%

McDonald's (MCD) PT Raised to $290 at Cowen Following Earnings

July 26, 2022 3:52 PM EDT

Cowen analyst Andrew Charles raised the price target on McDonald's (NYSE: MCD) to $290.00 (from $275.00) while maintaining a Outperform rating following earnings.

The analyst commented, "MCD demonstrated impressive U.S. & European top-line performance in 2Q, while the company's thorough playbook & scale lends confidence in... More