TD Cowen Reiterates Buy on McDonald's, Maintains $305 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles reiterated a Buy rating on McDonald's (NYSE:MCD) and maintained a $305 price target.
May 01, 2024 | 9:48 am
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TD Cowen analyst Andrew Charles reaffirmed a Buy rating on McDonald's and kept the price target at $305.
The reiteration of a Buy rating by a reputable analyst like Andrew Charles from TD Cowen, along with maintaining a high price target of $305, signals strong confidence in McDonald's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in MCD's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100