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Fly News Breaks for February 27, 2017
MCD
Feb 27, 2017 | 09:01 EDT
Nomura analyst Mark Kalinowski said McDonald's is hosing its biennial analyst meeting on March 1, earlier than the usual autumn meeting, as it wants to showcase some of the new menu products and platforms coming out. He expects the Signature Crafted semi-customization platform may be introduced nationwide in the U.S. during the middle of 2017 and expects to hear how McDonald's plans to win back traffic into its stores, particularly in the U.S. Kalinowski continues to encourage investors buy McDonald's ahead of what he expects to be a return to positive U.S. same-store-sales in Q2 and reiterates his Buy rating and $136 price target.
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