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.
Stocks · News reference
McDonald’s expects Restaurant NEXT to deliver approximately $100,000 in annual gross cash flow through a 250-basis-point efficiency gain.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
JP Morgan analyst John Ivankoe maintains McDonald's (NYSE:MCD) with a Overweight and lowers the price target from $280 to $260.
Evercore ISI Group analyst David Palmer maintains McDonald's (NYSE:MCD) with a Outperform and lowers the price target from $320 to $300.
RBC Capital analyst Logan Reich maintains McDonald's (NYSE:MCD) with a Sector Perform and lowers the price target from $290 to $285.
Qualcomm launches Snapdragon 8 Elite Gen 6 chips with powerful on-device AI features to rival Apple's premium iPhone processors.
Qualcomm stock dips premarket as rival MediaTek launches new 2-nanometer processors and expands into custom AI data-center chips.
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLE) State Street Energy Select Sector SPDR ETF 63.0000 0.630 1.01 320.6K (NYSE:XLP) State Street Consumer Staples Select Sector SPDR