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

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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.

Latest Ratings for MCD

DateFirmActionFromTo
Jun 2017Cowen & Co.UpgradesMarket PerformOutperform
May 2017Goldman SachsUpgradesNeutralBuy
Apr 2017Argus ResearchUpgradesHoldBuy

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Posted-In: Credit SuisseAnalyst Color Price Target Analyst Ratings

 

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