Jefferies Maintains Buy on McDonald's, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andy Barish maintains a Buy rating on McDonald's and raises the price target from $310 to $330.
September 09, 2024 | 4:40 pm
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Jefferies analyst Andy Barish has reaffirmed a Buy rating for McDonald's and increased the price target from $310 to $330, indicating a positive outlook for the stock.
The increase in the price target from $310 to $330 by Jefferies suggests a positive outlook for McDonald's stock, likely leading to a short-term price increase. The reaffirmation of the Buy rating further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100