According to Bank of America, McDonald's MCD continues to be rated Buy.
Bank of America said that the price target is raised to $96. “We are also fine tuning our EPS estimates higher, raising our 2Q estimate from $1.28 to $1.29, a penny above consensus, our 2011 EPS estimate from $5.09 to $5.10 and our 2012 estimate from $5.60 to $5.62.”
McDonald's closed yesterday at $85.86.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Posted In: Analyst ColorPrice TargetAnalyst RatingsBank of America Merrill LynchConsumer DiscretionaryRestaurants
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
