Goldman Sachs Comments on McDonald's Quarterly SSS Accelerating to Highest Level Since 2004

Symbols: MCD
Share

In a research report published today, Goldman Sachs views McDonald's Corp. (NYSE: MCD) 4Q11 results as exceptionally strong.

In the report, Goldman Sachs commented, “We expect the shares to trade higher on the news. The results were robust in every way, and we expect the magnitude of the beat along with likely upward revisions to swamp recent valuation concerns. Our price target is unchanged.”

McDonald's Corporation closed yesterday at $100.95.


 
 
< Previous
Bank of America Reports SPX Selling its Service Solutions Business to Bosch
Next >
Goldman Sachs Reports Air Products & Chemicals' Segment Sales Missed Street Estimates
Share
Printer-friendly version
Send to friend
We're Loving

Benzinga's Premium Memberships

Benzinga's News Delivered Free

Brain Trust