Morgan Stanley lowers McDonald's price target as Ukraine-Russia war leads to store closures

Published Thu, Mar 17 20226:07 AM EDT

A logo of the McDonald's restaurant is seen in the window with a reflection of Kremlin's tower in central Moscow, Russia March 9, 2022.

Maxim Shemetov | Reuters

McDonald's' upside will be limited due to the Ukraine-Russia war, according to Morgan Stanley.

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