DZ Bank Upgrades McDonald's to Buy, Announces $300 Price Target
Portfolio Pulse from Benzinga Newsdesk
DZ Bank analyst Katharina Schmenger has upgraded McDonald's (NYSE:MCD) from Hold to Buy and announced a $300 price target.
October 31, 2023 | 11:42 am
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McDonald's has been upgraded from Hold to Buy by DZ Bank, with a new price target of $300.
The upgrade from Hold to Buy by DZ Bank indicates a positive outlook for McDonald's. The new price target of $300, if achieved, would represent a significant increase in the stock's value. This news is likely to be seen positively by investors, potentially leading to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100