RBC Capital Maintains Outperform on McDonald's, Lowers Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Christopher Carril maintains an Outperform rating on McDonald's (MCD) but lowers the price target from $340 to $335.

February 06, 2024 | 3:55 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on McDonald's but lowers the price target from $340 to $335.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a continued positive outlook on McDonald's but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the slight reduction in the price target against the backdrop of an overall positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100