On Oct 31, major Wall Street analysts update their ratings for $McDonald's (MCD.US)$, with price targets ranging from $300 to $345.
Morgan Stanley analyst Brian Harbour maintains with a buy rating, and maintains the target price at $340.
BofA Securities analyst Sara Senatore maintains with a hold rating, and maintains the target price at $321.
Barclays analyst Jeff Bernstein maintains with a buy rating, and maintains the target price at $325.
Deutsche Bank analyst Lauren Silberman maintains with a buy rating, and adjusts the target price from $290 to $345.
Jefferies analyst Andy Barish maintains with a buy rating, and maintains the target price at $345.
Furthermore, according to the comprehensive report, the opinions of $McDonald's (MCD.US)$'s main analysts recently are as follows:
Following earnings, expectations for McDonald's Q4 and annual EPS were adjusted to reflect a more conservative outlook. The anticipation of constrained opportunities for notable positive earnings revisions persists, especially as sales growth continues to be moderate within the franchising model.
McDonald's Q3 earnings surpassed expectations due to favorable SG&A and other income compensating for milder comps and margin effects from value. The company's U.S. comps showed an acceleration to near mid-single digits prior to the food safety incident. Management has conveyed a positive outlook on having the situation under control.
Here are the latest investment ratings and price targets for $McDonald's (MCD.US)$ from 10 analysts:
Note:
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