BMO Capital Maintains Outperform on McDonald's, Raises Price Target to $340
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Andrew Strelzik has maintained an 'Outperform' rating on McDonald's (NYSE:MCD) and raised the price target from $325 to $340.
July 28, 2023 | 1:57 pm
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POSITIVE IMPACT
McDonald's stock may see a positive impact due to the raised price target by BMO Capital.
Analyst ratings and price targets can significantly influence the stock price. The raised price target indicates that the analyst believes the stock has potential to grow, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100