All-day breakfast, promotions drive McDonald's profit beat
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UBS Raises Price Target on McDonald's (MCD) Following 1Q Earnings Call
April 25, 2016 10:40 AM EDTUBS maintained a Buy rating on McDonald's (NYSE: MCD), and raised the price target to $138.00 (from $131.00), following the company's 1Q earnings call. Impressive U.S. sales were driven by improved ops, compelling value, product news, and asset upgrades, and helped drive a +6% improvement... More
McDonald's (MCD) PT Raised to $142 at Nomura
April 25, 2016 6:46 AM EDTNomura Securities analyst Mark Kalinowski reiterated a Buy rating and bumped his price target on McDonald's (NYSE: MCD) to $142.00 (from $138.00) following solid Q1 results.
Kalinowski commented, "The earnings upside surprise was driven by robust samestore sales. U.S. samestore sales rose by +5.4%, 80bp better than... More
