Guggenheim Maintains Buy on McDonald's, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Gregory Francfort maintains a Buy rating on McDonald's (NYSE:MCD) and raises the price target from $280 to $290.
August 02, 2024 | 7:22 pm
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Guggenheim analyst Gregory Francfort maintains a Buy rating on McDonald's and raises the price target from $280 to $290.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100