McDonald’s (NYSE:MCD – Free Report) had its price target reduced by Evercore ISI from $330.00 to $300.00 in a report released on Tuesday morning, Benzinga reports. They currently have an outperform rating on the fast-food giant’s stock.
A number of other brokerages have also recently weighed in on MCD. Bank of America dropped their price target on McDonald’s from $302.00 to $288.00 and set a neutral rating on the stock in a research note on Tuesday, May 28th. Guggenheim dropped their target price on shares of McDonald’s from $315.00 to $280.00 and set a buy rating on the stock in a research report on Tuesday, July 2nd. Wedbush reduced their price target on shares of McDonald’s from $330.00 to $300.00 and set an outperform rating for the company in a research report on Friday, April 26th. Morgan Stanley lowered their price objective on shares of McDonald’s from $312.00 to $300.00 and…
