After Barclays and Robert W. Baird gave McDonald's (NYSE: MCD) a Buy rating last month, the company received another Buy, this time from J.P. Morgan. Analyst John Ivankoe maintained a Buy rating on McDonald's yesterday and set a price target of $260.00. The company's shares closed last Wednesday at $256.23. According to TipRanks.com, Ivankoe is a 5-star analyst with an average return of 9.9% and a 66.7% success rate. Ivankoe covers the Services sector, focusing on stocks such as F45 Training Holdings, Brinker International, and Cheesecake Factory. The word on The Street in general, suggests a Strong Buy analyst consensus rating for McDonald's with a $281.
https://www.tipranks.com/news/blurbs/mcdonalds-mcd-received-its-third-buy-in-a-row-7?utm_source=advfn.com&utm_medium=referral
McDonalds (NYSE:MCD)
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