This morning, Citigroup increased its price target on shares of McDonald's (NYSE:MCD) to $103 as the fast food continues to drive sales with its value menu and promotional offers. In the report, Citigroup maintained its neutral rating. Shares of MCD were lower by 0.6% and trading just north of $95.
RBC Capital upgraded shares of Johnson Controls (NYSE:JCI) from outperform to Top Pick as the market is not fully realizing the value of the company. In the report, RBC set a $61 price target. Shares of Johnson Controls were higher by 0.5% on the news.
And JMP Securities increased its price target on shares of Vail Resorts (NYSE:MTN) to $82 as favorable weather will increase traffic to the resort. In the report, JMP increased its EPS estimates and reiterated its outperform rating. Shares of Vail Resorts were lower by 3.6% on Tuesday.
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