JP Morgan Maintains Overweight on McDonald's, Lowers Price Target to $260
JP Morgan analyst John Ivankoe maintains McDonald's (NYSE:MCD) with a Overweight and lowers the price target from $280 to $260.
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Why It Matters
A big bank analyst still likes McDonald's stock but thinks it might be worth less soon. This means the company is probably still doing okay, but the analyst sees some challenges ahead.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.