Citigroup analyst Jon Tower maintains McDonald’s (NYSE:MCD) with a Neutral and lowers the price target from $275 to $246.
As European Energy Bills Soar, Demand Is Rising In This Sector: 6 Stock Ideas
Inflation jumped to a new all-time high of 8.9% in July, sparking a cost-of-living crisis in Europe for the 19 countries bound by the euro, fueled by rising energy costs.
