Seeking Alpha

Citigroup weighs in on McDonald's

  • 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.
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