Citigroup cuts McDonald's price target to $305
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Citigroup has lowered its price target for McDonald's Corporation (NYSE: MCD) to $305 from the previous target of $310. The adjustment was announced in a note from the financial institution, reflecting a revised outlook on the fast-food giant's stock. The new target price represents a reduction of $5 per share. This forecast is attributed to Citigroup and does not include any specific reasoning or time horizon in the source text. The information was reported by Jin10 Data, a financial news source.
Source
金十数据Neutral / independent
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Multiple analysts cut McDonald’s price targets, signaling bearish sentiment