Guggenheim Maintains Buy on McDonald's, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Gregory Francfort maintains a Buy rating on McDonald's (NYSE:MCD) but lowers the price target from $315 to $280.
July 02, 2024 | 4:14 pm
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Guggenheim analyst Gregory Francfort maintains a Buy rating on McDonald's but lowers the price target from $315 to $280.
The Buy rating suggests continued confidence in McDonald's long-term performance, but the lowered price target indicates some concerns about short-term growth or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100