June 22, 2011 at 15:34 PM EDT
(MCD) McDonald’s Analyst Still at Neutral
We remain Neutral on McDonald’s Corp. (MCD) over the long term. Our reiteration is based on the company’s growing same-restaurant sales, ability to attract healthy traffic in spite of menu price increases and restaurant reimaging program, partially offset by steeply rising commodity costs, the recent E. coli epidemic in Germany and tough competition. Encouraging Factors [...] (MCD) McDonald’s Analyst Still at Neutral
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