DBS Sticks to Its Buy Rating for McDonald’s (MCD)
DBS analyst Alison Fok maintained a Buy rating for McDonald’s with a price target of $357.00. McDonald’s shares closed at $307.71. Fok has an average return of 5.7% and a 59.03% success rate. Wells Fargo also issued a Buy rating, while Bernstein maintained a Hold rating.
In a report released yesterday, Alison Fok from DBS maintained a Buy rating on McDonald’s, with a price target of $357.00. The company’s shares closed yesterday at $307.71.
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Fok covers the Consumer Cyclical sector, focusing on stocks such as ANTA Sports Products, Starbucks, and Yum China Holdings. According to TipRanks, Fok has an average return of 5.7% and a 59.03% success rate on recommended stocks.
In addition to DBS, McDonald’s also received a Buy from Wells Fargo’s Zachary Fadem in a report issued yesterday. However, on the same day, Bernstein maintained a Hold rating on McDonald’s (NYSE: MCD).
