McDonald's Corp

NYSE:MCDUnited States

Nov 1, 2024

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• DJ McDonald's Can Recover From Short-Term Struggles, Analysts Say -- Market Talk, from 1:44PM ET on Friday Nov 01, 2024 by Dow Jones

  1:44PM ET on Friday Nov 01, 2024 by Dow Jones
  Companies Mentioned: MCD
  
  1344 ET - The E. coli outbreak that sickened dozens and international pressures will create near-term headwinds for McDonald's, UBS analysts say in a research note. However, they predict trends will strengthen in the new year, thanks to new menu items, continued promotions and increased marketing. Same-store sales in 3Q and initial October trends show that the restaurant chain's momentum was improving, prior to the recent food-safety incident. And while macroeconomic challenges persist overseas, the company is either gaining share or notching improvements in trends across all major markets. Analysts raise their price target to $345 and maintain their buy rating. (connor.hart@wsj.com)
  

• President Capital Adjusts McDonald's Price Target to $325 From $300, from 9:13AM ET on Friday Nov 01, 2024 by MT Newswires

  9:13AM ET on Friday Nov 01, 2024 by MT Newswires
  Companies Mentioned: MCD
  09:13 AM EDT, 11/01/2024 (MT Newswires) -- McDonald's (MCD) has an average rating of outperform and price targets ranging from $280 to $360, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research fro...