Tigress Financial raised McDonald’s (NYSE:MCD) price target to $330 from $320

Tigress Financial analyst Ivan Feinseth will raise his price target on McDonald’s (NYSE:MCD) to $330 from $320 and maintain a buy rating on the stock, which analysts see further upside given that the company’s “Accelerating the Arches” growth strategy will continue to drive further growth. Tigress said McDonald’s resilient business model will continue to drive the company “strong performance across all economic cycles,” noting that its price target plus dividend represents a potential total return of more than 25 percent at current levels.

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