McDonalds (MCD) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : McDonalds (MCD)

MCD 311.02

+0.8%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JEFF CHAPMAN who wrote (140)	7/7/1998 11:26:00 AM
From: TLindt	of 288

Calling the College Boy.... biz.yahoo.com NEW YORK, July 7 (Reuters) - Morgan Stanley said Tueday analyst Howard Penny reiterated a strong buy rating on McDonald's Corp. -- Target price range is $83-85 a share. -- Said expects McDonald's to disclose potential savings from corporate overhead reduction in a conference call as early as next week. -- Said expects savings to amount to about $0.10 a share. Also said any savings would be ''incremental'' to his earnings estimates, which he kept unchanged at $1.75 a share for 1998 and $2.15 a share for 1999.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next