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Fly News Breaks for May 25, 2017
MCD
May 25, 2017 | 08:19 EDT
Bernstein analyst Sara Senatore says that McDonald's "high frequency occasion and soon-to-be best in class digital ordering capabilities" will make its loyalty program, due to be launched next year, more successful than those of "some other" restaurant chains. The analyst raised her fiscal 2018 estimates for the company and increased her price target to $170 from $160. She keeps an Outperform rating on the stock.
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