Baird Maintains Outperform on McDonald's, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino maintains an Outperform rating on McDonald's (NYSE:MCD) and raises the price target from $320 to $330.
July 28, 2023 | 11:25 am
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Baird analyst David Tarantino maintains an Outperform rating on McDonald's and raises the price target from $320 to $330. This could potentially lead to an increase in the stock's price.
The raised price target by Baird indicates a positive outlook for McDonald's. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100