McDonald's (MCD) PT Lowered to $315 at BMO Capital
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Go back to McDonald's (MCD) PT Lowered to $315 at BMO Capital
July 31, 2024 6:23 AM EDT
TD Cowen downgraded McDonald's (NYSE: MCD) from Buy to Hold, lowering the price target to $280.00 from $285.00 per share in a note to clients Wednesday, following the fast food giant's latest quarterly earnings.
McDonald's reported Q2 EPS of $2.80, $0.27 worse than the analyst estimate of $3.07. Revenue for the quarter came in at $6.49 billion versus the consensus estimate of $6.62... More
July 30, 2024 9:33 AM EDT
BofA Securities analyst Gregory Francfort lowered the price target on McDonald's (NYSE: MCD) to $278.00 (from $288.00) while maintaining a Neutral rating.
The analyst comments "Continued negative trends in the US (July SSSG were negative across all operating segments) suggests that even as MCD's $5 Value... More
