Barclays raised the target on McDonalds(MCD:NYE) to $283 from $270

STA Research
by: STA Research

Barclays raised the target on McDonalds to $283 from $270, and maintained the Overweight rating on the stock.  The analyst believes the company’s scale will benefit their business in the macro environment, and believes the stock provides a good defensive play.

Stocktargetadvisor has a average target of $245 and a consensus Strong Buy rating.

STA Research’s analysis of the stock is Slightly Bullish with a score of 6.4 out of 10, where 0 is very bearish and 10 very bullish.

 

Stock Target Advisor is not a broker/dealer, investment advisor or a platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information and education in order to help investors with their own research. No content in our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis

Leave a Reply

Your email address will not be published. Required fields are marked *