Goldman Sachs analysts added McDonald’s (MCD) to the firm’s US Conviction List as part of its monthly update. Goldman believes the company has the scale, marketing, and digital expertise to navigate through an uncertain consumer environment. It has a Buy rating on McDonald’s with a $355 price target
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCD:
- Buy/Sell: Wall Street’s top 10 stock calls this week
- McDonald’s Issues $1.3 Billion in Medium-Term Notes
- Micron initiated, Eli Lilly upgraded: Wall Street’s top analyst calls
- McDonald’s Stock Set to Climb Towards $400 as Growth Rebounds
- Home Depot, McDonald’s, Snap, Delta, P&G: Executive Stock Sell-Offs Unveiled