Fast Food

McDonald's Corp (NYSE: MCD) offers investors one of the most visible top-line growth stories in the global fast-food category, according to Wedbush. The McDonald's Analyst: Nick Setyan initiated coverage of McDonald's stock with an Outperform rating and $240 price target. The McDonald...

As 2020 comes to an end and a vaccine could usher in a return to some form of normalcy, several restaurant stocks are uniquely positioned to benefit from consumers "flush with cash to spend," according to Wells Fargo. Better Setup In 2021: Casual dining companies took several steps in...

Chipotle Mexican Grill, Inc. (NYSE: CMG) deserves credit for its "impressive" resiliency during the COVID-19 pandemic, and the casual fast food restaurant chain should benefit from recent momentum in 2021, according to Stifel. The Analyst: Chris O'Cull upgraded Chipotle Mexican Grill...

Fast food giant Mcdonald's Corp (NYSE: MCD) appears to be on track to battle franchisees on a new front: Happy Meals, The Wall Street Journal reported. What Happened: McDonald's provides each restaurant with a $300 a month subsidy to help finance the cost of the toy in children's Happy...

As 2020 comes to an end, there is finally hope 2021 will be a better year from a health and safety perspective. Tens of millions of Americans could receive a vaccine against the novel coronavirus soon, with hundreds of millions expected to follow suit over the coming months. Many are now...

Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) introduced its first-ever digital-only store to leverage the surge in digital ordering. But this shouldn't necessarily distract investors from the stock's valuation debate that could have more of an impact on the stock....

Wendys Co (NASDAQ: WEN) has recovered lost sales since the start of the COVID-19 pandemic and the fast-food chain should see growth in 2021, according to Northcoast Research. The Wendys Analyst: Jim Sanderson upgraded Wendys' stock from Neutral to Buy with a new $28 price target. The...

Chipotle Mexican Grill, Inc. (NYSE: CMG) announced Wednesday a new concept for the casual fast-food chain: digital-only ordering. What Happened: Chipotle's new concept store will accept digital orders for pick-up and delivery only. The restaurant doesn't include a dining area or...

McDonald's Corp (NYSE: MCD) is a business where consumers walk into a location and exchange money for food or beverages. By every definition, this makes it a restaurant. But digging behind the numbers makes the case that McDonald's is more of a real estate company than a fast-food chain,...

Global fast food giant Mcdonald's Corp (NYSE: MCD) reported third-quarter results Monday and laid out a vision of its future. The McDonald's Analysts Stephens analyst James Rutherford maintains an Overweight rating on McDonald's with an unchanged $250 price target. Raymond...

Mcdonald's Corp (NYSE: MCD) reported Monday with third-quarter results that came in better than expected. Traffic Improvement For McDonald's: McDonald's saw its foot traffic fall 59.4% year-over-year in April, and it has steadily improved since then, location analytics company...

Fast food chain Wendys Co (NASDAQ: WEN) reported third-quarter results that prompted BofA Securities analyst to turn bullish on the stock. The Wendys Analyst: Gregory Francfort upgraded Wendys from Neutral to Buy with a price target lifted from $24 to $26. The Wendys Thesis: Wendys' third-...

Mcdonald's Corp (NYSE: MCD) faces a new class action lawsuit filed by Black franchisees, Business Insider reported. What Happened: James Byrd. Jr. and Darrell Byrd, brothers who own four McDonald's locations in Tennessee, are named as plaintiffs in the lawsuit filed Thursday against...

Chicken processor Pilgrim's Pride Corporation (NASDAQ: PPC) will pay $110.5 million to the U.S. Justice Department and acknowledge wrongdoing as part of a price-fixing investigation, The Wall Street Journal reported. What Happened: Pilgrim will be the first chicken processor to acknowledge in...

McDonald's Corp (NYSE: MCD) saw a spike in year-over-year weekly visits at the start of September but has slowed down, according to location intelligence platform company Placer.ai. McDonald's saw a notable surge in traffic in early September, coinciding with the Labor Day long weekend...