BTIG Reiterates Neutral Rating on McDonald's (MCD)
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Goldman Sachs Reiterates Neutral Rating on McDonald's (MCD)
October 23, 2024 6:13 AM UTCGoldman 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 UTCEvercore 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
Raymond James Reiterates Market Perform Rating on McDonald's (MCD)
October 23, 2024 5:53 AM UTCRaymond James analyst Brian Vaccaro reiterated a Market Perform rating on McDonald's (NYSE: MCD).
The analyst comments "After todays close, the U.S. Centers for Disease Control and Prevention and other federal agencies announced that they are investigating an E. coli outbreak linked to McDonalds quarter pounders across 10 states (most in CO and NE). MCD shares were down ~10% initially on this news, but recovered a bit to down 7% at the time of this writing (after recently hitting an all-time high). The company posted a message (link here) announcing that it is removing... More
McDonald’s slips as CDC says E. coli outbreak tied to Quarter Pounder killed one
October 23, 2024 5:09 AM UTCInvesting.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 UTCMcDonald'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 UTCBaird 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 UTCBeyond 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 UTCAfter-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 UTC(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 UTCBarclays 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 UTCWells 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
