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.
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IMPORTANCE 80
RELEVANCE 100