07Sep

Analyst: This Blue Chip Is Ready to 'Weather a Storm'

<p>Wells Fargo upgraded&nbsp;<strong>McDonald's Corp</strong>&nbsp;<strong>(NYSE:MCD) </strong>to "overweight" from "equal weight" earlier, highlighting&nbsp;the <strong><a href="https://www.schaeffersresearch.com/content/news/2023/07/27/quarterly-win-draws-options-traders-to-mcdonalds-stock" target="_blank">fast food giant'</a>s&nbsp;</strong>affordable food items, menu innovation, and digital strength. The analyst added McDonald's is "best positioned to weather a storm" from higher interest rates, rising gas prices, and resuming student loan payments.</p> <p>Analysts were already bullish...

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