McDonald's (MCD) PT Raised to $175 at Baird

Baird raised its price target on McDonald's (NYSE: MCD) to $175.00 (from $170.00) while maintaining a Outperform rating following Q3 report featured impressive global comps of +6.0% and slightly better-than-expected operating profit.

Analyst David Tarantino continues to believe MCD has the drivers in place to fuel sustained top-line momentum well into 2018.

You May Also Be Interested In

• Macquarie Upgrades Inventec Corp (2356:TT) to Neutral
• Tingyi Cayman Islands Holding Corp. (322:HK) (TCYMY) PT Raised to HK$11.60 at Macquarie
• JPMorgan Upgrades KCE Electronics PCL (KCE:TB) to Overweight