Seeking Alpha

McDonald's tapped by UBS to run higher

McDonald's (MCD -0.1%got an early lift from a UBS note calling out the chain to see a pickup in store traffic before falling back off of all-time highs.

The investment firm's price target of $120 implies shares of the restaurant operator could continue reaching new heights.

UBS isn't the first investment firm to note McDonald's might pull out some balance sheet leverage plays.

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Comments (1)
  • Uain53
    , contributor
    Comments (1754) | Send Message
    Ya think?


    Where are all these dolts now who were trashing (MCD)... when it was at 94-ish.
    A trading range and a good time to buy indeed.
    14 May 2014, 12:21 AM Reply Like
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