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.

From other sites
Comments (1)
  • Uain53
    , contributor
    Comments (1808) | 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
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs