Stephens & Co. Reiterates Overweight on McDonald's, Maintains $320 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has reiterated an Overweight rating on McDonald's (MCD) and maintained a price target of $320.
February 05, 2024 | 7:43 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stephens & Co. maintains an Overweight rating on McDonald's with a $320 price target.
The reiteration of an Overweight rating and a high price target by a reputable analyst firm like Stephens & Co. is likely to instill confidence among investors about McDonald's future performance. This positive outlook could lead to a short-term increase in McDonald's stock price as investors react to the analyst's bullish stance.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90