Stock Market Update - Wed Apr 25 09:53:35 EDT 2007

Banc of America Sec reiterates Buy. Target $49 to $55. BofA raises their tgt on MCD to $55 from $49 following meetings with mgmt that give the firm more conviction that momentum in the business can continue to be better than expected for some time to come. The firm says the U.S. new product pipeline remains full and Europe is showing strong results, which may help to drive margins in that region back towards peak levels of 19-20%.