Baird Reiterates Outperform on McDonald's, Maintains $315 Price Target
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino has reiterated an Outperform rating on McDonald's (NYSE:MCD) and maintained a price target of $315.
February 06, 2024 | 6:28 pm
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Baird analyst David Tarantino reiterates an Outperform rating on McDonald's and maintains a $315 price target.
The reiteration of an Outperform rating and maintenance of a high price target by a reputable analyst like David Tarantino 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 95
IMPORTANCE 90
RELEVANCE 100