BMO Capital Maintains Outperform on McDonald's, Lowers Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik maintains an Outperform rating on McDonald's (NYSE:MCD) but lowers the price target from $330 to $315.
July 30, 2024 | 11:40 am
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BMO Capital analyst Andrew Strelzik maintains an Outperform rating on McDonald's but lowers the price target from $330 to $315.
The Outperform rating suggests continued confidence in McDonald's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100