McDonald's is killing it on Wall Street

Americans must really like hamburgers

If you invested in McDonald's back in 1970, it's time for you to retire.
(Image credit: Justin Sullivan/Getty Images)

As McDonald's continues to evolve, revamping its fat-drenched menu with healthy-ish McWrap sandwiches and working to mend what one executive reportedly described as "broken" customer service, the ubiquitous burger chain's stock price is hitting record numbers — it closed above $103 per share on Friday — and analysts are predicting that it will continue to climb.

UBS, the Swiss global financial service, raised its price target for McDonald's Corp this week to $110, setting the upside at $125.

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.