TD Cowen Maintains Outperform on McDonald's, Raises Price Target to $326
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Andrew Charles maintains an Outperform rating on McDonald's (NYSE:MCD) and raises the price target from $320 to $326.
May 31, 2023 | 3:46 pm
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TD Cowen analyst Andrew Charles maintains an Outperform rating on McDonald's and raises the price target from $320 to $326.
The news of TD Cowen maintaining an Outperform rating and raising the price target for McDonald's (MCD) from $320 to $326 indicates a positive outlook for the company's stock. This is likely to have a positive short-term impact on MCD's stock price as investors may see this as a sign of confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100