BMO Capital Maintains Outperform on McDonald's, Raises Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an 'Outperform' rating on McDonald's and raised its price target from $315 to $335.
October 30, 2024 | 2:03 pm
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BMO Capital has reaffirmed its positive outlook on McDonald's by maintaining an 'Outperform' rating and increasing the price target from $315 to $335, indicating confidence in the company's future performance.
The increase in the price target from $315 to $335 by BMO Capital 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100