McDonald's Reports Third Quarter 2015 Results
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McDonald's (MCD) PT Lifted to $118 at Credit Suisse
October 23, 2015 8:07 AM EDTCredit Suisse analyst J. West reiterated an Outperform rating and boosted its price target on McDonald's (NYSE: MCD) to $118.00 (from $112.00) following strong earnings yesterday.
West commented, "MCD's healthy 3Q beat suggests CEO Easterbrook's recovery plan is beginning to gain traction. While... More
Piper Jaffray Upgrades McDonald's (MCD) to Overweight; $130 PT
October 23, 2015 7:01 AM EDTPiper Jaffray upgraded McDonald's (NYSE: MCD) from Neutral to Overweight with a price target of $130.00 (from $95.00).
Analyst Nicole Miller Regan commented, "Third-quarter operating earnings increased 4% y/y to $1.40 vs. consensus of $1.27 per share. The company is looking for positive same-store sales... More
McDonald's (MCD) PT Raised to $120 at RBC Capital; Sees More Ahead
October 23, 2015 6:20 AM EDTRBC Capital analyst David Palmer reiterated an Outperform rating and raised estimate and his price target on McDonald's (NYSE: MCD) to $120.00 (from $110.00) following solid results yesterday.
"We are raising our price target and EPS estimates as we believe our thesis appears to be playing out as expected," Palmer said. "While All-Day Breakfast and value initiatives appear to be the catalysts needed to jump-start McDonald's US trends, we suspect brand upgrades are coming in 2016... More
McDonald's (MCD) Tops Q3 EPS by 12c
October 22, 2015 7:59 AM EDTMcDonald's (NYSE: MCD) reported Q3 EPS of $1.40, $0.12 better than the analyst estimate of $1.28. Revenue for the quarter came in at $6.62 billion versus the consensus estimate of $6.41 billion.
The following third quarter results included a benefit from comparison to the 2014 China supplier... More
