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Fly News Breaks for July 15, 2019
MCD
Jul 15, 2019 | 08:04 EDT
Wells Fargo analyst Jon Tower raised his price target for McDonald's to $235 from $218 ahead of quarterly results as he expects "another solid quarter" of global same-store sales results, including slight upside in the U.S. Shares continue to offer one of the better risk/rewards within the restaurant universe over the next 12 months, he contends, reiterating an Outperform rating on the shares.
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