MCD Stock: $261 Target (Up From $238) By Credit Suisse

By Amit Chowdhry ● May 3, 2021
  • The shares of McDonald’s Corp (NYSE: MCD) have received a price target increase from $238 to $261 by Credit Suisse. These are the details.

The shares of McDonald’s Corp (NYSE: MCD) have received a price target increase from $238 to $261 by Credit Suisse. And Credit Suisse analyst Lauren Silberman is keeping an “Outperform” rating on the company shares.

Silberman noted that McDonald’s has a compelling 2021 story with a strong slate of sales initiatives for supporting momentum and benefits from reopening. And for the long term, Silberman believes McDonald’s is well-positioned to gain market share globally given the strength of its brand, operational execution, value leadership, and healthy franchisee base.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.