Loop Capital Maintains Buy on McDonald's, Lowers Price Target to $342
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Alton Stump maintains a Buy rating on McDonald's (NYSE:MCD) but lowers the price target from $357 to $342.
July 30, 2024 | 2:18 pm
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Loop Capital maintains a Buy rating on McDonald's but lowers the price target from $357 to $342, indicating a slightly less optimistic outlook.
The Buy rating suggests continued confidence in McDonald's stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100