Citigroup Maintains Neutral on McDonald's, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on McDonald's (NYSE:MCD) but lowers the price target from $280 to $275.

July 30, 2024 | 2:39 pm
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Citigroup analyst Jon Tower maintains a Neutral rating on McDonald's but lowers the price target from $280 to $275.
The lowered price target from $280 to $275 by Citigroup suggests a slightly less optimistic outlook for McDonald's, which could lead to a minor negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100