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Mcdonald's Corporation (MCD) [hlAlert]

Rating:
Hold MCD

Mcdonald's Corporation (MCD) rated Hold with price target $63 by Citigroup

Posted on: Friday,  Dec 5, 2008  8:25 AM ET by Citigroup

McDonald's (MCD) rated
Hold with price target $63 by Citigroup.

McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. The company operates primarily in the quick-service hamburger restaurant business. All restaurants are operated by the company or, under the terms of franchise arrangements, by franchisees who are independent third parties, or by affiliates operating under joint-venture agreements between the company and local business people.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/5/2008 8:25 AM Hold
None
59.66 63.00
as of 12/24/2008
1 Week down  -3.17 %
1 Month down  -8.96 %
3 Months   
1 YTD down  -8.96 %

(*) Stock Price at the time of the recommendation.
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