B of A Securities Maintains Neutral on McDonald's, Raises Price Target to $322
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on McDonald's while raising the price target from $308 to $322.
October 21, 2024 | 5:00 pm
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POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on McDonald's, indicating no strong buy or sell recommendation, but has raised the price target from $308 to $322, suggesting a positive outlook on the stock's potential value.
The raised price target from $308 to $322 by B of A Securities suggests a positive outlook on McDonald's stock, which could lead to a short-term price increase. However, the Neutral rating indicates no strong buy or sell recommendation, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100