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UPDATE: Piper Sandler Upgrades McDonald's (MCD) to Overweight, 'Positioned To Drive Continued Top-Line Outperformance'

Go back to UPDATE: Piper Sandler Upgrades McDonald's (MCD) to Overweight, 'Positioned To Drive Continued Top-Line Outperformance'

McDonald's (MCD) Price Target Raised at Argus, Analyst Sees Outperformance During Period of Industry Weakness

December 30, 2021 10:38 AM EST

Argus analyst John Staszak reiterated a Buy rating and raised the price target on McDonalds (NYSE: MCD) to $300.00 per share from the prior $275.00.

The analyst expects large restaurant chains, like McDonalds, to outperform smaller rivals during the current period of industry... More

McDonald's (MCD) PT Raised to $300 at Argus

December 30, 2021 7:45 AM EST

Argus analyst John Staszak raised the price target on McDonald's (NYSE: MCD) to $300.00 (from $275.00) while maintaining a Buy rating.

expect McDonalds, with its strong digital, delivery, and drive-thru businesses, to endure a period of weak industry sales better than most other restaurant... More