Barclays Maintains Overweight on McDonald's, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on McDonald's (NYSE:MCD) but lowers the price target from $320 to $300.

July 30, 2024 | 11:49 am
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Barclays analyst Jeffrey Bernstein maintains an Overweight rating on McDonald's but lowers the price target from $320 to $300.
The lowered price target from $320 to $300 suggests a more cautious outlook on McDonald's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Overweight rating.
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