RBC Capital Reiterates Outperform on McDonald's, Maintains $315 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Christopher Carril has reiterated an Outperform rating on McDonald's (NYSE:MCD) and maintained a price target of $315.
October 31, 2023 | 2:09 pm
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RBC Capital has reiterated an Outperform rating on McDonald's and maintained a price target of $315.
The reiteration of an Outperform rating by RBC Capital indicates a positive outlook for McDonald's. The maintained price target of $315 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100