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McDonald's To Rally Over 11%? Here Are 10 Other Analyst Forecasts For Friday
Friday, July 21, 2023 - 8:31am | 543Canaccord Genuity cut the price target for BCE Inc. (NYSE: BCE) from $63 to $61. Canaccord Genuity analyst Aravinda Galappatthige maintained a Hold rating. BCE shares rose 0.6% to close at $44.16 on Thursday. RBC Capital raised Intuitive Surgical, Inc. (NASDAQ: ISRG) price target from $355 to...
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Microsoft To Rally Around 17%? Here Are 10 Other Analyst Forecasts For Friday
Friday, July 14, 2023 - 8:02am | 547Keybanc boosted the price target for Spotify Technology S.A. (NYSE: SPOT) from $180 to $205. Keybanc analyst Justin Patterson maintained an Overweight rating. Spotify shares rose 0.9% to $172.68 in pre-market trading. Morgan Stanley boosted Boyd Gaming Corporation (NYSE: BYD) price target from...
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Owners Of McDonald's China Seek Partial Exit: Report
Thursday, July 13, 2023 - 9:18am | 395Carlyle Group Inc (NASDAQ: CG) and Trustar Capital reportedly plan to exit part of their stakes in McDonald's Corp (NYSE: MCD) operations in Hong Kong and mainland China. Carlyle and Trustar are planning to raise $4 billion from wealth funds for part of their stakes in...
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Why McDonald's India Menu Has Suddenly Gone Tomato-Less
Friday, July 7, 2023 - 6:35am | 355This story was first published on the Benzinga India Portal. McDonald’s (NYSE: MCD) India’s North and East divisions announced on Friday their decision to remove tomatoes from their menu items due to seasonal procurement challenges. What Happened? The company...
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8 Dow Jones Stocks Were Up Double Digits In The First Half Of 2023. Here's The List And What's Ahead.
Saturday, July 1, 2023 - 12:18pm | 1004The Dow Jones Industrial Average is up in the first six months of 2023, a rebound from a negative return in 2022. Through the first six months, 15 stocks of the 30 stocks that make up the composite index are up and 15 are down. Here’s a look at the biggest gainers in the first half of...
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Central Bank Barrage: More Monetary Focus Ahead Including Powell Testimony After Beijing Cuts Rates
Tuesday, June 20, 2023 - 12:58pm | 2301(Tuesday market open) If you didn’t get your fill of Federal Reserve last week, you’re going to love the next few days. First comes Fed Chairman Jerome Powell’s semi-annual testimony to the House Financial Services Committee tomorrow morning, but he’s only the tip of...
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Arcos Dorados Q1 Earnings Beat Estimates, Sees Prospects In Latin America And Caribbean
Wednesday, May 17, 2023 - 12:30pm | 368Arcos Dorados Holdings Inc.(NYSE: ARCO) reported first-quarter FY23 sales growth of 25.3% year-on-year to $990.79 million, beating the consensus of $953.39 million. EPS of $0.18 beat the analyst consensus of $0.13. The company mainly operates as a franchisee of McDonald's...
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Fast-Food Stocks Set To Sizzle This Summer
Wednesday, May 17, 2023 - 10:44am | 848A look at Marketbeat's list of Most Upgraded Stocks will tell you many things. One of those is that fast food stocks are hot. Most of the top fast food stocks are listed for having the most upgrades because they are growing in 2023, outperforming their consensus estimates, and providing sound...
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Top 5 Consumer Stocks That You May Want To Dump In May
Thursday, May 4, 2023 - 8:31am | 550The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...
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McDonald's Gets Price Target Hikes By Analysts Following Upbeat Q1 Results
Wednesday, April 26, 2023 - 6:58am | 253McDonald's Corp (NYSE: MCD) reported better-than-expected results for its first quarter. McDonald's reported first-quarter FY23 sales growth of 4% year-on-year to $5.89 billion, beating the consensus of $5.59 billion. Adjusted EPS of $2.63 beat the analyst consensus of $2.33. McDonald's...
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Flipping Burgers And Beating The Bears: McDonald's Digital Dominance Outpaces Recession Fears
Tuesday, April 25, 2023 - 2:25pm | 340TD Cowen analyst Andrew M.Charles reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) with a price target of $315. McDonald's reported 1Q adjusted EPS of $2.63, that beat the analyst's $2.35 estimate. The beat was top-line-driven by...
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McDonald's Q1 Earnings Surpass Street View Aided By Menu Price Increases & Positive Traffic Growth
Tuesday, April 25, 2023 - 9:35am | 284McDonald's Corp (NYSE: MCD) reported first-quarter FY23 sales growth of 4% year-on-year to $5.89 billion, beating the consensus of $5.59 billion. Global comparable sales rose 12.6%, reflecting strong comparable sales of 12.6% across each segment. U.S. Comparable sales...
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Which Restaurant Stocks Are Gainers Post Q1? Analyst Picks BJ's Restaurants And Chipotle Mexican Grill
Friday, April 21, 2023 - 3:09pm | 546Wedbush analyst Nick Setyan favors BJ's Restaurants Inc (NASDAQ: BJRI) and Chipotle Mexican Grill Inc (NYSE: CMG) based on the first quarter checks. The analyst had recently double upgraded BJRI to Outperform with a price target of $36. The analyst's...
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Carlyle Seeks New Investors For McDonald's China Arm, US Judge Halts Several Johnson & Johnson's Talc-Related Lawsuits, A Look At How Much Alphabet Analysts, Managers And Engineers Get Paid: Today's Top Stories
Friday, April 21, 2023 - 9:21am | 1972Bloomberg Carlyle Seeks New Investors For McDonald's $10B China Arm Private equity company Carlyle Group Inc (NASDAQ: CG) reportedly intends to find new investors for its investment in McDonald's Corp's (NYSE: MCD) Chinese operations. The buyout firm, which...
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Carlyle Seeks New Investors For McDonald's $10B China Arm: Report
Friday, April 21, 2023 - 8:23am | 317Private equity company Carlyle Group Inc (NASDAQ: CG) reportedly intends to find new investors for its investment in McDonald's Corp's (NYSE: MCD) Chinese operations. The buyout firm, which controls McDonald's China, together with Trustar Capital, has been...