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 (NYSE:MCD) and maintained a $320 price target.
February 06, 2024 | 4:41 pm
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Stephens & Co. analyst Joshua Long reaffirmed an Overweight rating on McDonald's, with a price target of $320.
The reiteration of an Overweight rating and a high price target of $320 by a reputable analyst like Joshua Long suggests a strong bullish sentiment towards McDonald's. This could positively influence investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100