McDonald's (MCD) Analyst Day Indicates More Cash Flow for Buybacks - Piper Jaffray

Moody's Downgrades McDonald's (MCD) Senior Unsecured Ratings to 'Baa1' Following Plans to Increase Leverage

Moody's Investors Service downgraded McDonald's Corporation's (McDonald's) (NYSE: MCD) senior unsecured ratings to Baa1 from A3 and affirmed its short term commercial paper rating at Prime-2. The downgrade reflects the company's recent announcement that it intends to increase its returns to shareholders, the vast majority of which will be funded with additional debt. Moody's views this increase as McDonald's maintaining an aggressive financial policy that will result in a material deterioration in credit metrics and limit its financial flexibility. The ratings outlook is stable.

Ratings downgraded are;

Senior unsecured notes and... More

McDonald's (MCD) Holds Investor Event; UBS Raises Price Target to $125

UBS reiterated a Buy rating on McDonald's (NYSE: MCD), and raised the price target to $125.00 (from $122.00), following the company's investor event. While a permanent value plan was not provided, it appears a plan is coming and will include periods of national value focus as well as a regional... More

McDonald's (MCD) PT Bumped to $125 at RBC Capital Following Investor Day; Returns Set to Improve

RBC Capital analyst David Palmer reiterated an Outperform rating and boosted his price target on McDonald's (NYSE: MCD) to $125.00 (from $120.00) following yesterday's Investor Day.

"We raise our price target based largely on our increased estimates and expected ROIC improvement," Palmer said. "The company's announcements were largely in line with our prior assumptions. And we were... More

McDonald's (MCD) PT Raised to $128 at Credit Suisse Post Investor Day

Credit Suisse analyst J. West reiterated an Outperform rating and boosted his price target on McDonald's (NYSE: MCD) to $128.00 (from $118.00) following the company's investor day.

West commented, "We came away from MCD's Investor Day still positive on the near-term and long-term outlook... More