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Fly News Breaks for July 27, 2016
MCD
Jul 27, 2016 | 07:49 EDT
UBS believes the downside for McDonald's is limited as its sales and profitability efforts are working and should support turnaround progress as key markets transition to a sustainable growth phase. The firm sees reaccelerating momentum and strategic corporate actions as keys to the share's upside. UBS reiterated its Buy rating and $138 price target on McDonald's shares.
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