Stifel Maintains Hold on McDonald's, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull has maintained a Hold rating on McDonald's (NYSE:MCD) and increased the price target from $270 to $285.
December 07, 2023 | 6:02 pm
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POSITIVE IMPACT
Stifel analyst reaffirms Hold rating on McDonald's and raises price target to $285, indicating a potential upside from the previous target.
The increase in price target by Stifel suggests a positive outlook on McDonald's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100