UBS Maintains Buy on McDonald's, Raises Price Target to $345
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has maintained a Buy rating on McDonald's and increased the price target from $305 to $345.
October 09, 2024 | 9:56 pm
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UBS analyst Dennis Geiger has maintained a Buy rating on McDonald's and increased the price target from $305 to $345, indicating confidence in the company's future performance.
The increase in the price target from $305 to $345 by UBS suggests a positive outlook on McDonald's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100