This Analyst With 87% Accuracy Rate Boosts Price Target On McDonald's - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Five of Wall Street's most accurate analysts have made new stock picks. Zachary Fadem from Wells Fargo maintained an Equal-Weight rating on McDonald's Corporation (MCD) and increased the price target from $304 to $310. Chris Caso from Wolfe Research maintained an Underperform rating on Intel Corporation (INTC) and raised the price target from $27 to $31. Mark Levin from Benchmark maintained a Buy rating on Union Pacific Corporation (UNP) and raised the price target from $230 to $264. Rick Patel from Raymond James maintained an Outperform rating on Skechers U.S.A., Inc. (SKX) and raised the price target from $58 to $59. Eric Wold from B. Riley Securities downgraded MarineMax, Inc. (HZO) from Buy to Neutral and cut the price target from $48 to $43.
July 31, 2023 | 11:46 am
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POSITIVE IMPACT
Analyst Chris Caso maintained an Underperform rating on Intel Corporation and raised the price target from $27 to $31.
Despite the Underperform rating, the increased price target suggests the analyst sees some potential for the stock's performance, which could lead to a slight increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst Zachary Fadem maintained an Equal-Weight rating on McDonald's Corporation and increased the price target from $304 to $310.
The increased price target indicates the analyst's positive outlook on the company's performance, which could lead to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst Rick Patel maintained an Outperform rating on Skechers U.S.A., Inc. and raised the price target from $58 to $59.
The increased price target indicates the analyst's positive outlook on the company's performance, which could lead to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst Mark Levin maintained a Buy rating on Union Pacific Corporation and raised the price target from $230 to $264.
The increased price target indicates the analyst's positive outlook on the company's performance, which could lead to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Analyst Eric Wold downgraded MarineMax, Inc. from Buy to Neutral and cut the price target from $48 to $43.
The downgrade and reduced price target suggest the analyst has a less positive outlook on the company's performance, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100