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.
December 07, 2023 | 5:12 pm
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RBC Capital analyst reaffirms an Outperform rating on McDonald's and maintains a $315 price target, indicating a positive outlook for the stock.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a strong vote of confidence in McDonald's future performance. This could positively influence investor sentiment and potentially drive the stock price up in the short term, especially if the market consensus aligns with RBC's outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100