McDonald's likely to bounce as fast-food chain overhauls menus, marketing, UBS says

CNBC Top News ·

McDonald's likely to bounce as fast-food chain overhauls menus, marketing, UBS says

McDonald's shares are likely to bounce as the fast-food chain makes moves to notch stronger sales in the U.S. and abroad despite ongoing macroeconomic pressures, according to UBS. …

McDonald's shares are likely to bounce as the fast-food chain makes moves to notch stronger sales in the U.S. and abroad despite ongoing macroeconomic pressures, according to UBS. The bank has a buy rating on the burger joint. It maintained a $365 price target on shares, implying 27% upside from Friday's close. …

Original source: CNBC Top News

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Middle East · United States · UBS · McDonald's