2020-05-01 06:14:19 MCD McDonald's
05/01/20 05/0106:14 05/01/2006:14 | McDonald's price target raised to $211 from $201 at RBC CapitalRBC Capital analyst Christopher Carril raised the firm's price target on McDonald's to $211 from $201 and keeps an Outperform rating on the shares after its Q1 results. The analyst sees some "very encouraging early signs" as U.S. trends are starting to improve and some of the more impacted markets begin to re-open. Carril also cites the management's affirmed dividend, as well as its franchisee support, as a "reiteration of capital allocation priorities". |
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