Market Overview

UPDATE: Credit Suisse Raises PT to $104 on McDonald's Corporation; Risk/Reward Turns Attractive

Related MCD
Jack In The Box Gives Shareholders The Most
Morgan Stanley Comments On Fast Food Industry Ahead Of Q2 Earnings
Security Fee May Send Airfares Higher (Fox Business)

Credit Suisse maintained McDonald's Corporation (NYSE: MCD) with an Outperform rating and raised the price target from $102.00 to $104.00.

Credit Suisse said, "We believe MCD is well positioned to return to meaningful share gains in 2012, with upside to numbers if the macro environment stabilizes from a late January slowdown. However, even if a slowing consumer environment limits absolute upside to numbers, relative outperformance on fundamentals combined with low relative valuation makes risk/reward attractive."

McDonald's Corporation closed at $94.14 on Thursday.

Posted-In: Credit SuisseAnalyst Color Price Target Analyst Ratings

 

Most Popular

Related Articles (MCD)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free