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A community for students. Carmen is purchasing hamburgers and chips for a party. A bag of chips costs $2 each and hamburgers cost $4 per pound. She must spend less than $50. Carmen will be buying at least six pounds of hamburgers.
Other price target moves in the earlier note include Wendy's Co. to $22 from $17, Shake Shack Inc. to $60 from $50, and Chipotle Mexican Grill Inc. to $363 from $355. McDonald's shares are up 44% for the last year while the Dow Jones Industrial Average is up nearly 25% for the period.