McDonald's Value-First Push Fails To Spur Multiple Expansion: Analyst
McDonald’s Corporation MCD shares slipped Thursday as an analyst warned that its value-first push may fail to drive U.S. comp revisions or multiple expansion.On Aug. 6, the fast food company reported second-quarter adjusted earnings per share of 3.14. Quarterly sales of 6.682 billion.TD Cowen analyst Andrew M. Charles reiterated the Hold rating, raising the price forecast from 315.McDonald's intensified fo ...