Stifel Maintains Hold on McDonald's, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull maintains a Hold rating on McDonald's (NYSE:MCD) but lowers the price target from $285 to $265.
July 22, 2024 | 12:27 pm
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Stifel analyst Chris O'Cull maintains a Hold rating on McDonald's but lowers the price target from $285 to $265.
The lowered price target from $285 to $265 suggests a less optimistic outlook for McDonald's, which could negatively impact the stock price in the short term. The Hold rating indicates that the analyst does not see significant upside potential at the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100