Evercore ISI Group Maintains Outperform on McDonald's, Maintains $330 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer has maintained an Outperform rating on McDonald's (NYSE:MCD) and kept the price target at $330.
March 27, 2024 | 2:36 pm
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Evercore ISI Group maintains an Outperform rating on McDonald's with a $330 price target.
The maintenance of an Outperform rating and a high price target of $330 by a reputable analyst group like Evercore ISI suggests a strong bullish outlook on McDonald's. This could positively influence investor sentiment and potentially lead to a short-term increase in the stock price, as market participants often react to analyst ratings and price targets.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100