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Monday, April 17, 2017

Buy McDonald’s As It Reaches An ‘Inflection Point,’ Says Wells Fargo

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McDonald’s (MCD) is higher on Monday, thanks to a bullish note from Wells Fargo.

Analyst Jeff Farmer and his team upgraded the shares from Market Perform to Outperform and boosted their valuation range to $145 to $150, from a previous range of $125 to $130, writing that they believe that changes the company has made should begin to pay off in a big way.

April 17, 2017 at 07:38PM

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from Teresa Rivas

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