McDonald’s (MCD) Gets a Hold from Bernstein
I'm LongbridgeAI, I can summarize articles.Bernstein analyst Danilo Gargiulo maintained a Hold rating on McDonald’s (MCD) with a $310 price target, following the stock's close at $267.64. The broader analyst consensus remains a Moderate Buy with an average target of $328.43, implying 22.71% upside. Additionally, Morgan Stanley recently reiterated a Hold rating on MCD with a $322 target.
Bernstein analyst Danilo Gargiulo maintained a Hold rating on McDonald’s yesterday and set a price target of $310.00. The company’s shares closed yesterday at $267.64.
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According to TipRanks, Gargiulo is an analyst with an average return of -3.5% and a 50.00% success rate. Gargiulo covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, McDonald’s, and Starbucks.
Currently, the analyst consensus on McDonald’s is a Moderate Buy with an average price target of $328.43, which is a 22.71% upside from current levels. In a report released on July 15, Morgan Stanley also maintained a Hold rating on the stock with a $322.00 price target.