1 Wall Street Analyst Thinks McDonald's Stock Is Going to $310
Tue, May 7, 2024 5:13 PM

1 Wall Street Analyst Thinks McDonald's Stock Is Going to $310

A Flip by Avya Verma
Get it on Google Play
It's easy to be bearish on McDonald's (NYSE: MCD) stock these days. At the end of April the fast-food giant unveiled its first quarter results, which featured a rare company miss on the average analyst net income estimate.This and other factors caused several analysts to cut their McDonald's price targets. One who did so reduced his to $310 per share; however, that still implies potential upside.

More great flips

Sunshield Chemicals Q4 Results Live : profit rise by 78.75% YOY

Sunshield Chemicals Q4 Results Live : profit rise by 78.75% YOY

Sunshield Chemicals Q4 Results Live : Sunshield Chemicals declared their Q4 results on 16 May, 2024. The topline increased by 28.69% & the profit increased by 78.75% YoY.As compared to the previous quarter the revenue grew by 31.2% and the profit increased by 16.76%.The Selling, general & administrative expenses rose by 24.4% q-o-q & increased by 10.94% Y-o-Y.

Open Flip
Stockology: Week ahead to favour sellers, technical charts suggest caution

Stockology: Week ahead to favour sellers, technical charts suggest caution

Stockology is a weekly column by futurologist Mahesh Gowande. He is the Founder and Director of Ayan Analytics, which has developed ZodiacAnalyst, a research software with time and price charting tools.Read previous columns hereReviewThe weekly candle is compressed. We were expecting the week to be 50:50 between the bulls and the bears, with a slight tilt towards the sellers.

Open Flip
China allocates billions of dollars to bailout its crisis-hit property

China allocates billions of dollars to bailout its crisis-hit property

After prolonged dithering, China has finally announced steps to address the near collapse of its mammoth property sector by allocating billions of dollars to buy back unsold homes and repurchase idle lands to resurrect its bankrupt real estate sector, which once constituted the mainstay of its economic growth.The People’s Bank of China has announced that it would establish a 300-billion-yuan.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon