Let’s check out the Yahoo Finance charts of the day.
McDonald’s (MCD): Guggenheim Securities upgraded the fast food restaurant to ‘buy” from “neutral” with a price target of $200 per share. Guggenheim said the valuation discount between McDonald’s and its large cap peers has widened to an unjustifiable level.
Snap (SNAP): Snapchat unveiled its first collection of Snap Originals, including scripted programs and docu-series produced exclusively for the platform. The shows will include drama, mystery, horror and comedy.
Sears Holdings (SHLD): The Wall Street Journal is reporting that a bankruptcy filing could come as soon as this week. Sources say that the retailer has reached out to several banks for possible financing.
For more on today’s big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.
