McDonald’s price target raised to $270 from $260 at Stifel

Stifel analyst Chris O’Cull raised the firm’s price target on McDonald’s to $270 from $260 and keeps a Hold rating on the shares after having increased the firm’s U.S. comp growth projection to 10.5% from 9.0%, versus the Street’s view of 8.2% growth, based on its mobile location data checks.