Citigroup Maintains Neutral on McDonald's, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on McDonald's (NYSE:MCD) but lowers the price target from $297 to $280.
July 16, 2024 | 4:09 pm
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Citigroup analyst Jon Tower maintains a Neutral rating on McDonald's but lowers the price target from $297 to $280.
The lowered price target from $297 to $280 suggests a less optimistic outlook for McDonald's, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100