McDonald's Target Price Cut by Jefferies Financial Group
Jefferies Financial Group has reduced its target price for McDonald's (NYSE:MCD) to $250.00, down from a previous estimate of $260.00.
This move indicates a potential upside of 6.16% from the stock's current price of $235.49, which was up by $1.89 during trading on Tuesday.
The firm currently has an 'overweight' rating on McDonald's stock.