J.P. Morgan analyst John Ivankoe maintained a Buy rating on McDonald's (MCD - Research Report) today and set a price target of $250.00. The company's shares closed yesterday at $265.11.Ivankoe covers the Services sector, focusing on stocks such as McDonald's, Starbucks, and Sweetgreen. According to TipRanks, Ivankoe has an average return of 10.2% and a 67.82% success rate on recommended stocks. In addition to J.P. Morgan, McDonald's also received a Buy from KeyBanc's Eric Gonzalez in a report issued today. However, yesterday, Stifel Nicolaus maintained a Hold rating on McDonald's (NYSE: MCD).
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