Check Out What Whales Are Doing With MCD
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on McDonald's (NYSE:MCD) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 28% bullish and 71% bearish. Whales have been targeting a price range from $270.0 to $305.0 for McDonald's over the last 3 months. Guggenheim, TD Cowen, and Loop Capital have given price targets of $325, $326, and $346 respectively.
July 12, 2023 | 6:35 pm
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A large investor has taken a bearish stance on McDonald's, with big-money traders sentiment being 71% bearish. Analysts from Guggenheim, TD Cowen, and Loop Capital have given price targets of $325, $326, and $346 respectively.
The bearish stance taken by a large investor, along with the overall bearish sentiment among big-money traders, could potentially drive the stock price down in the short term. However, the price targets given by Guggenheim, TD Cowen, and Loop Capital suggest a potential upside in the longer term.
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IMPORTANCE 80
RELEVANCE 100