tiprankstipranks
Trending News
More News >

McDonald’s price target raised to $330 from $320 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on McDonald’s to $330 from $320 and keeps a Buy rating on the shares, which it sees having further upside given how the company’s "Accelerating the Arches" strategy continues to drive further growth. McDonald’s resilient business model continues to drive "strong performance in all economic cycles," said the firm, which notes that its price target combined with dividends represents a potential total return of over 25% from current levels.

Protect Your Portfolio Against Market Uncertainty

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on MCD:

Disclaimer & DisclosureReport an Issue