McDonald's E. coli outbreak could worsen near-term sales decline

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Go back to McDonald's E. coli outbreak could worsen near-term sales decline

Deutsche Bank Reiterates Buy Rating on McDonald's (MCD)

October 30, 2024 6:36 AM EDT

Deutsche Bank analyst Lauren Silberman reiterated a Buy rating and $345.00 price target on McDonald's (NYSE: MCD)

The analyst comments "MCD delivered a mixed 3Q print with a return to positive SSS in the US, still negative SSS internationally and an EPS beat largely driven by... More

Goldman Sachs Reiterates Neutral Rating on McDonald's (MCD)

October 30, 2024 6:13 AM EDT

Goldman Sachs analyst Christine Cho reiterated a Neutral rating and $325.00 price target on McDonald's (NYSE: MCD).

The analyst comments "MCD shares traded -0.6% vs. S&P 500 +0.2% following top line miss but in line EPS for the quarter, as the brand continues its aggressive value offerings in response to weaker consumer demand across all markets. SSSG in the IOM and... More

McDonald's (MCD) PT Lowered to $342 at Truist Securities

October 29, 2024 4:02 PM EDT

Truist Securities analyst Jake Bartlett lowered the price target on McDonald's (NYSE: MCD) to $342.00 (from $350.00) while maintaining a Buy rating.

The analyst comments "Following 3Q24 results (SSS miss and EPS beat) we are lowering '25 ests. and our PT to $342, from $350. MCD's... More

BTIG Reiterates Neutral Rating on McDonald's (MCD)

October 29, 2024 3:36 PM EDT

BTIG analyst Peter Saleh reiterated a Neutral rating on McDonald's (NYSE: MCD).

The analyst comments "McDonald's posted a mixed quarter this morning with slightly better than expected EPS, despite weaker same-store sales across the three reporting segments. That said, shares were... More