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Fly News Breaks for March 16, 2018
MCD
Mar 16, 2018 | 08:38 EDT
Jefferies analyst Andy Barish says he's a buyer of McDonald's on the recent share weakness, which he attributes to general market weakness and high expectations. The analyst remains comfortable with his up 3% U.S. same-store-sales estimate for Q1 and early receptivity of the $1/2/3 value menu. He reiterates a Buy rating on McDonald's with a $200 price target.
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