B of A Securities Maintains Neutral on McDonald's, Lowers Price Target to $321
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on McDonald's and slightly lowered its price target from $322 to $321.
October 22, 2024 | 5:59 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Neutral rating on McDonald's and slightly lowered its price target from $322 to $321, indicating a minor adjustment in expectations.
The Neutral rating suggests that the analyst does not expect significant short-term movement in McDonald's stock. The slight decrease in the price target from $322 to $321 indicates a minor adjustment in expectations, which is unlikely to cause a significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100