- McDonald's (NYSE:MCD) is catching the eye of analysts after breaking out with a 10% move over the last month to threaten the $100 level again.
- Earlier in the week, Janney Montgomery Scott lifted its same-store sales forecast on MCD on its view the broad rise of traffic in the restaurant industry will include the chain.
- Investors also see a more active board and new CEO as positive factors for the company.
- McDonald's improved its U.S. comp during Q4, but lost market share to most major fast-food chains.
- Previously: Restaurant rally leaves Golden Arches behind (Feb. 18 2015)
- MCD -0.3% premarket.