McDonald’s price target raised to $263 from $262 at Deutsche Bank

Deutsche Bank analyst Brian Mullan raised the firm’s price target on McDonald’s to $263 from $262 and keeps a Hold rating on the shares ahead of the Q4 results. The analyst’s sense is that current investor expectations call for a Q4 U.S. same-store-sales result that is comfortably above the current consensus estimate of 8.0% growth.