McDonald's wins with all-day breakfast, China back on track

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McDonald's (MCD) Reported Solid Results Driven by All-day Breakfast - Jefferies Raises PT to $115

January 26, 2016 8:19 AM EST

Jefferies reiterated a Hold rating on McDonald's (NYSE: MCD), and raised the price target to $115.00 (from $110.00), following the company's 4Q earnings report. Although MCD is still in turnaround mode, the momentum regained in US is hard to ignore. Contributors included All-day breakfast... More