Citi Boosts Target on McDonald's (MCD) to $64, Maintains Hold
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Citi's Consumer Non-Cyclical analyst, Gregory Badishkanian, raised his price target on shares of McDonald's (NYSE: MCD) from $62 to $64 this morning. The analyst maintained a Hold rating on shares of McDonald's.
The firm's increased price target follows yesterday's global same store sales results for the month of October.
The stock is underperforming the broader markets today, currently down 0.8% to $62.16.
To see all the analyst comments on shares of McDonald's in real-time, visit our Analyst Ratings page.
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