Morgan Stanley Downgrades McDonald's
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Business & Economics
Morgan Stanley Warns Investors to Avoid McDonald’s Corporation (MCD) Amid Growing Challenges

80% Informative
McDonald's Corporation (NYSE:MCD) may soon start feeling some of the broader challenges affecting the fast food industry.
Morgan Stanley downgraded the stock from “ Overweight ” to “ Equal Weight ” and lowered its price target from $ 329 to $ 324 per share.
Analyst Brian Harbour made the following comment: “ MCD is a top quality business but hasn’t been, and probably will not be, insulated from some structural pressures on fast food”.
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