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Fly News Breaks for July 26, 2017
MCD
Jul 26, 2017 | 08:37 EDT
Baird analyst David Tarantino raised his estimates on McDonald's following Q2 results. The analyst said based on the fundamental outlook, the risk/reward on the stock looks favorable. He cited better than expected comps and positive traffic across all segments. Tarantino reiterated his Outperform rating and raised his price target to $170 from $164 on McDonald's shares.
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