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Fly News Breaks for June 26, 2017
MCD
Jun 26, 2017 | 08:19 EDT
Wells Fargo raised its price target on McDonald's as it thinks that the company's delivery initiative could boost its U.S. SSS by 0.4% in 4Q17 and by 0.9% by 4Q18. The firm says that the company's "Experience of the Future rollout could raise U.S. SSS by 1% next year and about 2.5% in 2020. It keeps an Outperform rating on the stock.
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