Wells Fargo Maintains Equal-Weight on McDonald's, Raises Price Target to $310
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Zachary Fadem has maintained an Equal-Weight rating on McDonald's (NYSE:MCD) and raised the price target from $304 to $310.
July 28, 2023 | 3:22 pm
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Wells Fargo has maintained an Equal-Weight rating on McDonald's and raised the price target from $304 to $310, which could potentially attract investors.
The raised price target by Wells Fargo indicates a positive outlook for McDonald's. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100