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Mcdonald's Corporation (MCD) [hlAlert]

Rating:
Outperform
MCD
up 72.57 %

Mcdonald's Corporation (MCD) rated Outperform with price target $64 by Wedbush Morgan

Posted on: Friday,  Oct 23, 2009  10:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Mcdonald's Corporation (NYSE: MCD) on 10/23/2009. Previously Wedbush Morgan rated Outperform Mcdonald's Corporation (NYSE: MCD) on 07/24/2009.,
when the stock price was $56.40. Since then, Mcdonald's Corporation has gained 72.57% as of 01/27/2016's recent price of $97.33.
If you would have followed the previous Wedbush Morgan's recommendation on MCD, you would have gained 72.57% of your investment in 2378 days.

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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2009 10:25 AM Buy
None
59.48 64.00
as of 12/31/2009
1 Week up  18.27 %
1 Month up  18.59 %
3 Months up  31.43 %
1 YTD up  26.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2009 9:25 AM Buy
None
56.40 63.00

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