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MCD

McDonald's

$185.66

-1.11 (-0.59%)

19:49
03/25/19
03/25
19:49
03/25/19
19:49

McDonald's purchase price of Dynamic Yield above $300M, Bloomberg says

The purchase of Dynamic Yield by McDonalds - its biggest tech acquisition in 20 years - was valued over $300M, Bloomberg's Leslie Patton reports, citing a person familiar with the matter. The new technology will allow the company to vary its electronic menu display of items, "depending on factors such as the weather", and also suggest items to customers as add-ons, the report states. Reference Link

  • 30

    Apr

MCD McDonald's
$185.66

-1.11 (-0.59%)

03/19/19
COWN
03/19/19
NO CHANGE
Target $205
COWN
Outperform
McDonald's 2019 remodel impact seems underappreciated, says Cowen
Cowen analyst Andrew Charles said he is "cautiously optimistic" on McDonald's shares, stating that he likes that the company is replicating the successful international strategy of focusing on velocity growth drivers, such as remodels, digital ordering and third-party delivery, in the U.S. He continues to think the cadence of U.S. remodels is the most tangible same store sales driver in 2019 and believes consensus doesn't seem to appreciate the contribution of remodels to U.S. comp growth. Charles maintains an Outperform rating and $205 price target on McDonald's shares.
03/01/19
PIPR
03/01/19
NO CHANGE
Target $194
PIPR
Overweight
Piper remains buyer of McDonald's after headquarter visit
Piper Jaffray analyst Nicole Miller Regan says a visit to McDonald's headquarters left her "feeling incrementally confident" in the company's story being "one of the best incremental improvement models in the industry." Looking at 2019, McDonald's is positioned to deliver relatively stronger execution as the record levels of change and complexity experienced during 2018's U.S. remodel conversion efforts are lapped, Miller Regan tells investors in a research note. She reiterates an Overweight rating on the shares with a $194 price target.
02/19/19
02/19/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. McDonald's (MCD) upgraded to Overweight from Equal Weight at Stephens with analyst Will Slabaugh saying McDonald's core U.S. business is accelerating and positioned to show upside to consensus estimates for Q1 and fiscal 2019. 2. PG&E (PCG) upgraded to Buy from Neutral at Citi with analyst Praful Mehta saying recent comments by California Governor Gavin Newsom indicate an "increasingly likelihood of legislative action." 3. PepsiCo (PEP) upgraded to Outperform from Neutral at Macquarie with analyst Caroline Levy saying new CEO Ramon Laguarta "moved decisively" to reset for sustained 4%-6% sales growth by stepping up marketing and capital spending. 4. Freeport McMoRan (FCX) upgraded to Buy from Neutral at Citi while Southern Copper (SCCO) was double upgraded to Buy from Sell. 5. Cosan (CZZ) upgraded to Overweight from Neutral at JPMorgan with analyst Lucas Ferreira saying the shares trade at an "excessive" 40% discount to net asset value, in the upper part of the 30%-40% range where the stock should be trading. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/19/19
SPHN
02/19/19
UPGRADE
Target $200
SPHN
Overweight
McDonald's upgraded to Overweight from Equal Weight at Stephens
Stephens analyst Will Slabaugh upgraded McDonald's to Overweight from Equal Weight and raised his price target for the shares to $200 from $180. The stock closed Friday up $4.10 to $179.97. McDonald's core U.S. business is accelerating and positioned to show upside to consensus estimates for Q1 and fiscal 2019, Slabaugh tells investors in a research note. The analyst highlights improvements to the company's breakfast menu and expected increased menu innovation. Further, he believes the shares no longer reflect "much of the defensive premium from recent months."

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