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McDonald’s shares under pressure as Morgan Stanley cuts price target to $297
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Summary
Morgan Stanley has lowered its price target for McDonald’s shares to $297 following the NEXT Investor Day. The company’s stock is under pressure.
Details
McDonald’s shares are under pressure after Morgan Stanley cut its price target for the stock to $297. The change was made following the NEXT Investor Day.
The available information does not include further details on the reasons behind Morgan Stanley’s decision or the stock’s specific move. It only states that the analyst assessment was revised after the event.
NEXORA AI — Why it matters
The news signals a more cautious analyst assessment of McDonald’s shares.
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