Etsy, McDonald's, Boeing: 3 Analyst Calls In Focus

Goldman Sachs downgraded Etsy (ETSY) stock to Sell from Neutral, the analyst team citing risks tied to margins and merchandise sales.

Multinational fast food chain McDonald's (MCD) received a price target boost from Morgan Stanley, the analysts raising it from $296 to $340 per share.

Aircraft manufacturer Boeing (BA) got hit with a slash to its price target by Citi, lowering it from $224 to $209 while maintaining the Buy rating on the stock.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.

Video Transcript

Hey, welcome back.

You're watching Morning Brief brought to you by Invesco.

We're taking a closer look at Yahoo Finance's trending tickers.

We've got Etsy mcdonald's and Boeing this morning.

We're doing it all in 30 seconds each or less.

Let's go, Etsy, it's cut to sell from neutral at Goldman Sachs ahead of e commerce earnings here.

The analyst citing risks to current estimates given gross merchandise sales margin compression in 2025 and the potential for share laws is to persist.

Shares are off more than 30% so far in 2024 there.

You're taking a look at the shares of ETS Y.

Do they have an alibi?

Well, let's hope so over at Goldman Sachs though, one of the huge things that they're tracking going forward from here.

And this is the last thing I'll note is the fact that the summary of key fundamentals debates on Amazon into Q three are that, um, they ultimately see that as seemingly one of the better options right now.

All right, let's flip it over to mcdonald's price target, getting a boost and Morgan certainly ahead of earnings analyst positive on us.

Name store sales improvement.

But still cautious in the near term on the lack of transparency in the international business.

Now, in this note, they actually cited some weakness that we heard last week from Domino's maybe as a for warning sign or signal here.

And some of that weakness to come within the sector going forward though, they were very positive about the US.

The fact that it is a tough back up right now and mcdonald's has been able to show at least consistent improvement there.

Another thing that jumped out to me where their plans going forward for their value meals.

Some sales catalysts are still to come including perhaps a permanent value relaunch in 2025 according to Morgan Stanley.

All right, cool.

As long as the toys are still included, hopefully, hopefully.

Well, those are on the happy meal side, I suppose.

Anyway.

All right, let's go to the skies here ending on Boeing Boeing's price target slash to $209.

That's from $224 per share at Citi.

The analysts citing lower cash flow estimates for 2025 and 2026.

Given some of the charges.

Boeing reported here.

We've also got some news out today, however, showing the company filed with regulators to raise as much as $25 billion to stave off its cash crunch shares right now, fractionally higher here.

But you know what that year to date looks like?

No Bueno