Loop Capital Maintains Buy on McDonald's, Maintains $346 Price Target
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Alton Stump maintains a Buy rating on McDonald's (NYSE:MCD) and keeps the $346 price target unchanged.
June 16, 2023 | 3:48 pm
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POSITIVE IMPACT
Loop Capital analyst Alton Stump maintains a Buy rating on McDonald's and keeps the $346 price target unchanged.
The news of Loop Capital maintaining a Buy rating and a $346 price target on McDonald's (NYSE:MCD) is positive for the stock. This reaffirms the analyst's confidence in the company's performance and growth potential, which could lead to an increase in investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100