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Fly News Breaks for May 26, 2016
MCD
May 26, 2016 | 08:05 EDT
Bernstein says that McDonald's may not deliver any additional comp drivers for some time as it tests a " national value platform and more regionalized menu innovation." The firm expects the company to launch new loyalty initiatives, but not until next year. Calling the company's valuation "elevated," the firm sets a $129 price target on the name.
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