TD Cowen Reiterates Outperform on McDonald's, Maintains $340 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has reiterated an Outperform rating on McDonald's (NYSE:MCD) and maintained a $340 price target.
September 20, 2023 | 9:51 am
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TD Cowen analyst Andrew Charles has reiterated an Outperform rating on McDonald's and maintained a $340 price target.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Andrew Charles from TD Cowen is a positive signal for McDonald's. This could potentially lead to an increase in the stock's price in the short term.
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