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McDonald’s price target raised to $330 from $320 at KeyBanc

KeyBanc analyst Eric Gonzalez raised the firm’s price target on McDonald’s to $330 from $320 and keeps an Overweight rating on the shares. McDonald’s is poised to report another quarter of industry-leading SSS growth fueled by operational excellence, strategic price increases, and cut-through marketing programs, based on the firm’s industry conversations and Key First Look Data, the analyst tells investors in a research note.

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