McDonald's (MCD) PT Raised to $180 at Deutsche Bank
Deutsche Bank analyst Brett Levy raised his price target on McDonald's (NYSE: MCD) to $180.00 (from $175.00) while maintaining a Buy rating.
Levy notes the company's blended comps were its strongest in five years and the company "generated above-average profit growth, despite near-term macro pressures, investments in the unit-level operations, as well as its longer-term initiatives, all while dealing with its ongoing transformation into a more franchise-heavy model."