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Fly News Breaks for January 24, 2017
MCD
Jan 24, 2017 | 07:18 EDT
SunTrust analyst Jake Bartlett says that McDonald's lost market share in Q4, but he thinks that the fast food giant's "turnaround" remains "intact." He predicts that the company will gain market share in Q4 and over the longer term. Bartlett trimmed his price target on the stock to $137 from $140 but keeps a Buy rating on the shares.
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