McDonald's (MCD) PT Lowered to $170 at RBC Capital; Weak Start to $1, $2, $3 Menu

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McDonald's (MCD) PT Lowered to $180 at BofA/Merrill Lynch on 'Lower Sales & Earnings Estimates'

March 5, 2018 9:44 AM EST

BofA/Merrill Lynch lowered its price target on McDonald's (NYSE: MCD) to $180.00 (from $200.00) while maintaining a Buy rating, following the company's launch of a new value menu

Analyst Gregory Francfort notes a cautious outlook on the shares, following the launch of a new... More