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McDonald’s (MCD) Stock Added to Credit Suisse 'U.S. Focus List'

NEW YORK (TheStreet) -- McDonald's Corp. (MCD - Get Report) was added to the "U.S. Focus List" and named one of the "top investment ideas" at Credit Suisse on Monday morning.

The firm maintained its "outperform" rating and $112 price target on the fast food restaurant chain's stock.

Credit Suisse also added McDonald's stock to its "Global Focus List."

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Additionally, analysts at RBC Capital Markets commented on McDonald's stock this morning.

The firm lowered its earnings estimates due to foreign exchanges issues. However, RBC believes that the third quarter will represent the beginning of the company's turnaround in the U.S. due to McDonald's "improving international results."

"The domestic recovery seems to have been jump-started by an above plan all-day breakfast launch that should fuel an above consensus 4Q SSS and may be sustained by a return to value offerings in 2016," RBC said in a note.

Shares of McDonald's are down by 0.07% to $104.75 in pre-market...


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