Stephens & Co. Reiterates Overweight on McDonald's, Maintains $325 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Joshua Long has reiterated an Overweight rating on McDonald's (NYSE:MCD) and maintained a price target of $325.
July 28, 2023 | 8:40 am
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McDonald's has received an Overweight rating from Stephens & Co. with a maintained price target of $325.
The Overweight rating from Stephens & Co. indicates a positive outlook for McDonald's. This could potentially attract more investors, driving the stock price up in the short term. The maintained price target of $325 also suggests that the analyst believes the stock is undervalued at its current price, which could further encourage investment.
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