Goldman Sachs Maintains Neutral on McDonald's, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Christine Cho maintains a Neutral rating on McDonald's (NYSE:MCD) but raises the price target from $284 to $325.
September 24, 2024 | 2:36 pm
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Goldman Sachs has maintained a Neutral rating on McDonald's but increased the price target from $284 to $325, indicating a positive outlook.
The increase in the price target from $284 to $325 by Goldman Sachs suggests a positive outlook for McDonald's stock, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may interpret the higher target as a sign of potential growth.
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