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McDonald's (MCD) PT Maintained at $190 at BofA/Merrill Lynch; 'Unit Contraction Should Stabilize in 2020 Before Turning Positive'

August 29, 2018 6:28 AM EDT

BofA/Merrill Lynch analyst Gregory Francort maintained the price target on McDonald's (NYSE: MCD) at $190.00 while maintaining a Buy rating, following a review of the company's outlook.

Analyst Francort maintains the current outlook on shares of MCD, despite noting some negative... More