McDonald's sales surge on more visits amid recession threat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
McDonald's (MCD) PT Raised to $325 at Guggenheim
April 26, 2023 6:13 AM EDTGuggenheim analyst Gregory Francfort raised the price target on McDonald's (NYSE: MCD) to $325.00 (from $305.00) while maintaining a Buy rating.
The analyst commented, "McDonalds posted a very strong 1Q23 with EPS of $2.45 (that does not back out an $0.18 restructuring charge) vs. our $2.35 estimate. We... More
