Stephens & Co. Maintains Overweight on McDonald's, Raises Price Target to $325
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Joshua Long maintains an Overweight rating on McDonald's (NYSE:MCD) and raises the price target from $300 to $325.
July 14, 2023 | 10:40 am
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McDonald's price target has been raised from $300 to $325 by Stephens & Co. The firm maintains an Overweight rating on the stock.
The raised price target indicates that Stephens & Co. expects McDonald's stock to perform well in the future. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100