Citigroup weighs in on McDonald's

|About: McDonald's Corporation (MCD)|By:, SA News Editor

Citigroup reiterates its Neutral rating on McDonald's (MCD +0.3%) after sizing up the restaurant operator's flattish Q2 report.

The investment firm has a price target of $101 on MCD.

Shares of McDonald's have resisted the urge to drop below $92 over the last year with the company's +3% dividend yield providing support.