McDonald's Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/10/2026
- Wall Street ends down as expectations of Hormuz deal fade
- JPMorgan lifts S&P 500 target to 8,000 on strong earnings
- Nvidia and Wall Street giants plan $500B AI funding deal, FT reports
- Jefferies cuts Apple rating as higher-priced iPhone roadmap looks difficult
- Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
- After-Hours Stock Movers: PLTR, SNAP, ON, ICHR, WGS, WHR
UBS Reiterates Buy on McDonald's (MCD) Following 2Q
July 27, 2016 9:37 AM EDTUBS reiterated a Buy rating and $138.00 price target on McDonald's (NYSE: MCD) following the company's 2Q earnings report. Disappointing U.S. sss highlight the challenge of maintaining momentum against industry headwinds. However, MCD continues to outperform peers and a positive 130 bps sss... More
McDonald's (MCD) PT Bumped to $132 at Credit Suisse Despite U.S. Comp Miss
July 27, 2016 8:55 AM EDTCredit Suisse analyst J. West reiterated an Outperform rating and bumped his price target on McDonald's (NYSE: MCD) to $132.00 (from $130.00) following Q2, which included a miss on U.S. comps.
West commented, "MCD's miss on US SSS (+1.8% vs. CS/cons. +2.3%/+3.2%) drove a... More
Jefferies Reiterates Hold on McDonald's (MCD) Following 2Q
July 27, 2016 8:47 AM EDTJefferies reiterated a Hold rating and $115.00 price target on McDonald's (NYSE: MCD) following the company's 2Q earnings report. Global SSS of +3.1% decelerated, driven mainly by slower US SSS of +1.8% and negative traffic. Commodity deflation of 4.5% drove lower than expected COGs, which offset... More
RBC Capital Updates Estimates on McDonald's (MCD) Following 2Q; Reiterates Outperform
July 27, 2016 7:53 AM EDTRBC Capital reiterated an Outperform rating and $140.00 price target on McDonald's (NYSE: MCD) following the company's 2Q earnings report. RBC updated 2016 EPS estimates, increasing forecasts to $5.64, compared to $5.50 prior, ahead of $5.53 consensus.
Analyst David Palmer commented, "While sales growth has slowed, we... More
