Analysts are weighing in today on technology giant Apple Inc. (NASDAQ:AAPL) and fast food giant McDonald’s Corporation (NYSE:MCD). Here’s a quick roundup of today’s bullish brokerage notes on AAPL and MCD.

Apple Inc.

Goldman Sachs analyst Simona Jankowski reiterated a Conviction Buy rating on shares of Apple, with a price target of $155, which implies an upside of 58% from current levels.

Jankowski explained that his bullish conviction about Apple was due to: “(1) We believe the guide-down is already expected/priced in. (2) Apple is a defensive stock relative to the current market sell-off. (3) The March quarter represents the trough in yoy revenue growth, which is typically a good time to buy hardware stocks, with easing comps and the next product cycles (iPhone 5e, 7) driving acceleration for the remainder of the year. (4) We expect the multiple to increasingly reflect the evolution to “Apple-as-a-Service” (recurring hardware & services as users shift to iPhone installment plans and adopt new products/services in the Apple ecosystem, such as Apple TV, Music, Pay, Watch, etc., making the 500mn iPhone installed base stickier).”

According to, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Simona Jankowski has a yearly average return of 10.6% and a 58.1% success rate. Jankowski has a -14% average return when recommending AAPL, and is ranked #234 out of 3582 analysts.

McDonald’s Corporation

In addition, BTIG analyst Peter Saleh upgraded shares of McDonald’s from a Neutral to a Buy rating, with a price target of $130, which represents a potential upside of 11.5% from where the stock is currently trading.

Saleh explained, “We are upgrading shares of McDonald’s to Buy from Neutral as we expect the recent change in market share trend to continue and allow the brand to regain some of its lost market share. We believe the All Day Breakfast platform, the introduction of Game Time Gold (NFL partnership) and the new “McPick 2” value platform will generate meaningful improvement in the U.S. business. Furthermore, we believe that additional menu improvements and a more compelling digital and mobile platform could further support sales in the near- to intermediate-term. We recognize our previous concerns about the stock’s valuation but believe the defensive nature of MCD in the current environment and the directional change in sales and market share trends can allow further upside.”

According to, analyst Peter Saleh has a yearly average return of -4% and a 27% success rate. Saleh is ranked #2477 out of 3582 analysts.

The overwhelmingly majority of experts still say McDonald’s is a “buy.” The average forecast is for the stock to hit $123 in the coming months, according to data compiled by TipRanks.