OAK BROOK Ill. Even the best restaurant companies can’t seem to catch a break in today’s economy.
Morgan Stanley securities analyst John Glass downgraded McDonald’s Corp. stock on Thursday, saying the company has a limited future upside beyond its recent highs. Other quick-service stocks with more potential include Yum! Brands Inc. and Wendy’s/Arby’s Group Inc., Glass noted.
“[McDonald’s] still has much going for it,” he said, “