In a report released yesterday, Peter Saleh from BTIG maintained a Buy rating on McDonald's (MCD – Research Report), with a price target of $280.00. The company's shares closed last Tuesday at $257.09. According to TipRanks.com, Saleh is a 5-star analyst with an average return of 12.0% and a 57.3% success rate. Saleh covers the Services sector, focusing on stocks such as Papa John's International, BurgerFi International, and Texas Roadhouse. McDonald's has an analyst consensus of Strong Buy, with a price target consensus of $280.54, representing a 12.4% upside. In a report issued on July 18, Morgan Stanley also maintained a Buy rating on the stock with a $285.
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