Two Blokes

McDonald's share weakness a buying opportunity as sales acceleration, global expansion support outlook

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    Posted by Two Blokes Jun 13 - Filed in Stock - 4 views
    McDonald's Corp (NYSE:MCD, ETR:MDO) presents a compelling buying opportunity on recent share weakness, analysts at Jefferies believe, citing near-term same-store sales acceleration and medium-term unit growth.  The analysts maintained their price target of $360 on ‘Buy'-rated McDonald's, implying upside of 19% from Thursday's closing price of about $303.