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.
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