This Is What Whales Are Betting On McDonald's
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on McDonald's (NYSE:MCD) with 75% of recent options trades being bearish. The trades indicate a price window of $245.0 to $280.0. Analysts have mixed ratings, with some downgrades and an average price target of $295.25.
June 26, 2024 | 6:50 pm
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Whales have taken a bearish stance on McDonald's with 75% of recent options trades being bearish. The trades indicate a price window of $245.0 to $280.0. Analysts have mixed ratings, with some downgrades and an average price target of $295.25.
The majority of recent options trades on McDonald's are bearish, indicating that large investors expect the stock price to decline. Additionally, some analysts have downgraded their ratings, which could further pressure the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100