Piper Sandler upgrades McDonald’s, says it can manage food and labor inflation better than rivals
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On Wednesday, January 8, 2020, a customer orders from a McDonald’s Corp. drive-thru in London Ontario Canada during the test of “P.L.T.” Sandwich — lettuce, tomato and Beyond Meat pea-based patties.
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McDonald’sPiper Sandler predicts that stock prices will rebound in 2022, as restaurant recovery continues to gain steam.
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