JP Morgan Maintains Overweight on McDonald's, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains an Overweight rating on McDonald's (NYSE:MCD) and raises the price target from $290 to $300.
June 03, 2024 | 2:29 pm
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POSITIVE IMPACT
JP Morgan analyst John Ivankoe maintains an Overweight rating on McDonald's and raises the price target from $290 to $300.
The raised price target and maintained Overweight rating from a reputable analyst at JP Morgan is likely to positively impact McDonald's stock in the short term as it reflects confidence in the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100