MCD - Loss Of Investor Appetite Justified? McDonald's Analysts Dig Into Q4 Print: 'We Are Pleased' | Benzinga
Shares of McDonald's Corp (NYSE: MCD) slipped in premarket trading on Monday, after the company reported mixed results for the fourth quarter.
The results came amid an exciting earnings season. Here are some key analyst takeaways from the release.
- Stephens analyst Joshua Long maintained an Overweight rating and price target of $320.
- TD Cowen analyst Andrew Charles reiterated an Outperform rating and price target of $325.
Check out other analyst stock ratings.
Stephens: McDonald's reported global same-store sales growth of 3.4%, short of the Wall Street estimates of 4.7%, with the shortfall being led by international sales, Long said in ...