RBC Capital Maintains Outperform on McDonald's, Raises Price Target to $340
Portfolio Pulse from jenniferd'souza@benzinga.com
RBC Capital analyst Christopher Carril maintains an Outperform rating on McDonald's (NYSE:MCD) and raises the price target from $325 to $340.
July 28, 2023 | 4:56 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital maintains an Outperform rating on McDonald's and raises the price target from $325 to $340. This could potentially lead to an increase in the stock's price.
The raised price target by RBC Capital indicates a positive outlook for McDonald's. This could lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100