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MCD

McDonald's

09:22
12/01/16
12/01
09:22
12/01/16
09:22

Buying group near $3B deal for McDonald's China assets, Reuters says

Private-equity firm Carlyle and Chinese conglomerate Citic lead a buying group that is nearing an up to $3B acquisition for McDonald's stores in China and Hong Kong, Reuters says, citing a source with direct knowledge of the matter, adding that the deal is likely to be signed before Christmas. Reference Link

MCD McDonald's

11/21/16
JPMS
11/21/16
NO CHANGE
Target $127
JPMS
Overweight
McDonald's removed from Analyst Focus List at JPMorgan
JPMorgan analyst John Ivankoe removed McDonald's from his firm's Analyst Focus List citing a less positive stance on the shares following the company's event in Australia. The analyst believes share upside is becoming more limited. He keeps an Overweight rating on McDonald's with a $127 price target.
11/29/16
FBCO
11/29/16
NO CHANGE
FBCO
Outperform
McDonald's removed from Focus List at Credit Suisse
Credit Suisse analyst Jason West removed McDonald's from the Focus List citing higher valuation, limited near-term catalysts, and limited benefits from Trump's stated goals to lower corporate/consumer taxes. West rates McDonald's an Outperform with a $128 price target.
12/01/16
GUGG
12/01/16
DOWNGRADE
GUGG
Neutral
McDonald's downgraded to Neutral from Buy at Guggenheim
12/01/16
12/01/16
DOWNGRADE

Neutral
McDonald's downgraded to Neutral on valuation, macro headwinds at Guggenheim
As previously reported, Guggenheim downgraded McDonald's to Neutral from Buy and maintained its $127 price target. Analyst Matthew DiFirsco sees limited upside to current valuation and increased potential macro headwinds from rising gasoline prices, and the impact from higher interest rates on franchise investment. Further, the analyst increased risk to 2017 earnings upside due to US dollar appreciation and maintains his outlook for near-term negative US same-store-sales.

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