Evercore ISI analyst David Palmer maintained a Buy rating on McDonald's (MCD – Research Report) on July 19 and set a price target of $285.00. The company's shares closed last Tuesday at $257.09. According to TipRanks.com, Palmer is a 5-star analyst with an average return of 5.9% and a 59.8% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and BellRing Brands. McDonald's has an analyst consensus of Strong Buy, with a price target consensus of $280.38, a 12.3% upside from current levels.
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