Raymond James Reiterates Market Perform Rating on McDonald's (MCD)
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Goldman Sachs Reiterates Neutral Rating on McDonald's (MCD)
October 23, 2024 6:13 AM EDTGoldman Sachs analyst Christine Cho reiterated a Neutral rating and $325.00 price target on McDonald's (NYSE: MCD).
The analyst comments "On October 22, the CDC reported an E.coli outbreak linked to MCD's Quarter Pounder across 10 states. The CDC said there have been 49 cases (as of October 22), including... More
Evercore ISI Reiterates Outperform Rating on McDonald's (MCD)
October 23, 2024 5:54 AM EDTEvercore ISI analyst David Palmer reiterated an Outperform rating and $340.00 price target on McDonald's (NYSE: MCD).
The analyst comments "After the close yesterday, the CDC announced an E. coli outbreak that was linked to McDonalds Quarter Pounders. This outbreak which has so far resulted in 49 sick, 10 hospitalized, and 1 dead. McDonalds issued a press release following the announcement (see HERE) including a video from US president Joe Erlinger. The food safety issue has so far been regional with most of the sicknesses reported in Colorado and Nebraska. It appears the E. coli... More
BTIG Reiterates Neutral Rating on McDonald's (MCD)
October 23, 2024 5:43 AM EDTBTIG analyst Peter Saleh reiterated a Neutral rating on McDonald's (NYSE: MCD).
The analyst comments "McDonald's generated some worrisome news after the close yesterday with reports of an E. coli outbreak across a handful of Western states, potentially complicating the optimism around... More
McDonald's US head vows to improve safety after E. coli outbreak, more cases expected
October 23, 2024 5:14 AM EDTBy Ananya Mariam Rajesh, Waylon Cunningham
(Reuters) -McDonald's scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen states.
The outbreak has sickened people across the U.S. West and Midwest, with 10 hospitalized due to serious complications, according to the U.S. Centers for Disease Control and Prevention (CDC), which is investigating the outbreak. A McDonalds spokesperson said the outbreak is limited to the United States.Â
"We... More
McDonald’s slips as CDC says E. coli outbreak tied to Quarter Pounder killed one
October 23, 2024 5:09 AM EDTInvesting.com -- Shares in McDonalds (NYSE: MCD) slumped in premarket US trading on Tuesday after the Centers for Disease Control and Prevention said E. coli infections linked to the burger giant's "Quarter Pounder" offering had led to 49 cases, 10 hospitalizations and one death.
Officials said the outbreak, which involved one of the most popular items on McDonald's menu, had impacted people in 10 US states, led by Colorado, where 26 people fell ill.
According to the CDC, every one of the people interviewed in its investigation into the outbreak said... More
McDonald's (MCD) option implied volatility into E. coli outbreak linked to Quarter Pounder hamburgers
October 23, 2024 4:41 AM EDTMcDonald's (NYSE: MCD) 30-day option implied volatility is at 21; compared to its 52-week range of 12 to 27 into E. coli outbreak linked to Quarter Pounder hamburgers.
... MoreBaird Downgrades McDonald's (MCD) to Neutral
October 23, 2024 3:33 AM EDTBaird analyst David E. Tarantino downgraded McDonald's (NYSE: MCD) from Outperform to Neutral with a price target of $290.00 (from $320.00).
The analyst comments: "Downgrading to Neutral. We are concerned that reports of an E. coli outbreak linked to McDonald's restaurants in... More
Beyond Meat (BYND) Climbs 9% As McDonald's (MCD) Burgers Linked to E. Coli Outbreak
October 22, 2024 4:46 PM EDTBeyond Meat (NASDAQ: BYND) Climbs 9% As McDonald's (NYSE: MCD) Burgers Linked to E. Coli Outbreak
Wendy's (NASDAQ: WEN) shares were also higher.... More
After-hours movers: McDonald's, Starbucks, Seagate, Alto Neuroscience and more
October 22, 2024 4:44 PM EDTAfter-Hours Stock Movers:
McDonald's (NYSE: MCD) fell 9% after the CDC said there was a severe E Coli outbreak linked to the restaurant chain that sickened 49 people and caused one death.
Starbucks (NASDAQ:... More
CDC: Severe E. Coli Outbreak Linked To McDonald's (MCD)
October 22, 2024 4:12 PM EDT(Updated - October 22, 2024 4:21 PM EDT)
(Updated - October 22, 2024 4:15 PM EDT)
CDC: Severe E. Coli Outbreak Linked To McDonald's (NYSE: MCD)
Outbreak in Mountain West States49 People from 10 States Have Gotten SickOne Older Person in Colorado has DiedThis is a fast-moving outbreak investigation. Most sick people are reporting eating Quarter Pounder hamburgers from McDonalds and investigators are working quickly to confirm which food... More
McDonald's (MCD) PT Raised to $325 at Barclays
October 22, 2024 3:12 AM EDTBarclays analyst Jeffrey Bernstein raised the price target on McDonald's (NYSE: MCD) to $325.00 (from $300.00) while maintaining a Overweight rating.... More
McDonald's (MCD) PT Raised to $350 at Wells Fargo
October 21, 2024 6:59 AM EDTWells Fargo analyst Jon Tower raised the price target on McDonald's (NYSE: MCD) to $350.00 (from $285.00) while maintaining a Overweight rating.... More
