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Fly News Breaks for July 26, 2017
MCD
Jul 26, 2017 | 06:45 EDT
Barclays analyst Jeffrey Bernstein raised his price target for McDonald's to $173 saying all regions are reporting positive comps and and traffic is accelerating. The analyst remains bullish on the shares following the company's Q2 results, citing its defensive position and valuation still being below peers. He keeps an Overweight rating on McDonald's.
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