In a report issued on July 8, Nick Setyan from Wedbush maintained a Buy rating on McDonald's (MCD – Research Report), with a price target of $270.00. The company's shares closed last Wednesday at $253.63. According to TipRanks.com, Setyan is a 4-star analyst with an average return of 3.2% and a 42.4% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John's International, The ONE Group Hospitality, and Brinker International. The word on The Street in general, suggests a Strong Buy analyst consensus rating for McDonald's with a $280.26 average price target, implying a 12.6% upside from current levels.
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McDonalds (NYSE:MCD)
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