TD Cowen Reiterates Outperform on McDonald's, Maintains $326 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has reiterated an Outperform rating on McDonald's (NYSE:MCD) and maintained a price target of $326.
July 27, 2023 | 1:34 pm
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TD Cowen analyst has reiterated an Outperform rating on McDonald's and maintained a price target of $326.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Andrew Charles from TD Cowen is a positive signal for McDonald's. It suggests that the analyst believes the company's stock will outperform the market, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100