Baird Maintains Outperform on McDonald's, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino has maintained an 'Outperform' rating on McDonald's and raised the price target from $280 to $320.
September 26, 2024 | 11:15 am
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Baird analyst David Tarantino has maintained an 'Outperform' rating on McDonald's and increased the price target from $280 to $320, indicating confidence in the company's future performance.
The increase in the price target from $280 to $320 by Baird suggests a positive outlook on McDonald's future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in stock price.
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