Evercore ISI Group Maintains Outperform on McDonald's, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer maintains an Outperform rating on McDonald's (NYSE:MCD) but lowers the price target from $330 to $300.
July 16, 2024 | 3:23 pm
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Evercore ISI Group analyst David Palmer maintains an Outperform rating on McDonald's but lowers the price target from $330 to $300.
The Outperform rating suggests continued confidence in McDonald's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100