This morning, Credit Suisse increased its price target on shares of McDonald's (NYSE:MCD) to $100 as channel checks across Europe have returned favorable results. With the higher price target, Credit Suisse increased its EPS estimates and reiterated its overweight rating.
Shares of MCD were higher this morning, climbing 0.5% so far.
And Lazard increased its price target on shares of Oracle (NYSE:ORCL) to $37 as the company's hardware sales should be a significant driver of growth over the next few quarters. With the higher price target, Lazard maintained its buy rating.
Shares of Oracle were flat on Monday, trading just below $33 per share.
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