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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100