Shares of McDonald’s Corporation MCD 0.67% are up 4.4 percent in the past five trading sessions, and the company reported a big Q4 earnings beat this week. With the stock sitting near its all-time high, should shareholders take the opportunity to pocket their gains, or is there more upside remaining? Here’s what Wall Street has to say.
Raymond James
Analyst Brian Vaccaro believes “a recovery in the U.S. is largely discounted in the stock’s premium valuation.” The firm has a Market Perform rating on the stock.
Deutsche Bank
Analyst Karen Short believes that McDonald’s stock “deserves to trade at a premium multiple to other highly franchised QSR and consumer staples companies.” The firm has a Buy rating and $135 price target.
Morgan Stanley
Analyst John Glass called…
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