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McDonald’s price target raised to $346 from $342 at Loop Capital

McDonald’s price target raised to $346 from $342 at Loop Capital

Loop Capital raised the firm’s price target on McDonald’s (MCD) to $346 from $342 and keeps a Buy rating on the shares. The company reported “mixed” Q4 results but had constructive comments regarding a lessening impact from the E. coli outbreak in October, the analyst tells investors in a research note.

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