UBS Maintains a 'Buy' on McDonald's (MCD); Reimaging Benefits Becoming More Clear

UBS maintains a 'Buy' on McDonald's (NYSE: MCD) price target raised to $108.00.

UBS analyst said, "We are boosting our target to $108 from $106 to reflect a slightly higher 2013 EPS estimate and strong sales momentum. We are raising our 2013 EPS estimate from $6.33 to $6.37 (+11% YOY) and maintaining our 2012 estimates reflect higher same stores sales (SSS) growth in the near term (1Q SSS estimate of 6.4%), offset by higher inflation and other one time expenses."

For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.

Shares of McDonald's closed at $98.75 yesterday.

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