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McDonald’s price target raised to $375 from $360 at Jefferies

Jefferies raised the firm’s price target on McDonald’s (MCD) to $375 from $360 and keeps a Buy rating on the shares following a “notable” same-store sales beat in the U.S. and international segments. Momentum carried into January, notes the analyst, who raised the firm’s Q1 SSS growth estimates despite winter weather impact.

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