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Notable Analyst Actions: Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), McDonald’s Corporation (NYSE:MCD)

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Analysts at Cowen & Co. have raised their price target on shares of computer and electronics company, Apple Inc. (NASDAQ:AAPL) to $106 from $102, while maintaining their outperform rating on the stock.

The new price target represents a potential upside of 12% from AAPL’s Tuesday closing price. Shares of AAPL are up 0.38% to $95.08 in Wednesday’s pre-market session, and trade within a 52-week range of $59.82 – $97.10.

Software company, Microsoft Corporation (NASDAQ:MSFT), has been upgraded by analysts at Pacific Crest to an outperform rating from sector perform.

The price target on the stock has been set at $54 a share, which represents a potential upside of 20% from its Tuesday closing price. Shares of MSFT are up 2.25% to $45.84 in Wednesday’s pre-market session, and trade within a 52-week range of $30.84 – $45.71.

Fast food chain, McDonald’s Corporation (NYSE:MCD), has been downgraded by analysts at Robert W. Baird to a neutral rating from outperform. The firm also lowered its price target on the stock to $98 from $104 a share. In Wednesday’s pre-market activity, shares of MCD are down 0.90% to $95.40, and trade within a 52-week range of $92.22 – $103.78.

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