Morgan Stanley notes that while their $14 price target includes credit for the McDonald's expansion, the "asymmetric risk-reward skew" isn't clear enough to justify an Overweight rating at this point.

On Tuesday, Morgan Stanley (NYSE:MS) maintained its Overweight rating on McDonald's Corporation (NYSE:MCD) shares but slightly reduced the price target from $340.00 to $336.00.

In a report released today, John Glass from Morgan Stanley maintained a Buy rating on McDonald’s (MCD – Research Report), with a price target of $335.00. The company’s shares closed last ...

McDonald’s (NYSE:MCD – Free Report) had its target price reduced by Morgan Stanley from $340.00 to $335.00 in a research note issued to investors on Monday,Benzinga reports. Morgan Stanley ...