Freedom Broker cuts McDonald's to Hold and trims target to $298
Freedom Broker moved McDonald's from Buy to Hold and lowered its target price by 2.3%, to $298 from $305. Source: TradingView, citing Benzinga data.
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what happened
Freedom Broker has downgraded its rating on McDonald's shares from Buy to Hold. The firm also reduced its price target by 2.3%, from $305 to $298. According to TradingView, which relies on Benzinga data, the new target implies roughly 7.2% upside from the November 5 close of $278.04.
Other recent calls over the past 30 days are more spread out: the five latest notes from other brokers set targets between $270 and $315. JP Morgan kept an Overweight rating at $270, Citigroup a Buy at $315, RBC Capital a Sector Perform at $300, Bernstein a Market Perform at $280 and KeyBanc an Overweight at $307.
why it matters
A single broker's downgrade usually has limited impact on a large name like McDonald's, especially when peers' targets span a wide range. Investors tend to focus more on overall expectations for the chain's sales and earnings than on one firm's rating change.
tags
instruments
sources
- Freedom Broker downgrades McDonald's to Hold from Buy, lowers price target to $298 from $305 — TradingView, 6 November 2026 at 02:13 UTC
- Freedom Broker downgrades Mastercard to Hold from Buy, raises price target to $725 from $620 — TradingView, 6 November 2026 at 02:15 UTC
- Freedom Broker downgrades Black Hills to Hold from Buy, keeps price target at $78 — TradingView, 6 November 2026 at 02:18 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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