TD Cowen Reiterates Hold on McDonald's, Maintains $280 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has reiterated a Hold rating on McDonald's (NYSE:MCD) and maintained a price target of $280.
September 23, 2024 | 10:08 am
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TD Cowen analyst Andrew Charles has reiterated a Hold rating on McDonald's and maintained a price target of $280, indicating a neutral stance on the stock.
The reiteration of a Hold rating and maintenance of the $280 price target suggests that the analyst sees no immediate catalysts for significant price movement. This neutral stance implies that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100