HSBC recently initiated coverage on the stock with a Buy rating and a $111 price target.
Don’t forget to check out our premarket coverage here
Stephanie Link of Hightower said she likes McDonald's Corporation (NYSE:MCD), which is down 14% from its highs.
Barclays analyst Jeffrey Bernstein recently maintained McDonald's with an Overweight and lowered the price target from $345 to $315. McDonald's also increased its quarterly cash dividend by 10%.
Price Action: Wynn Resorts shares gained 1.8% to close at $91.42, while McDonald's shares rose 1% to settle at $257.27 on Tuesday.
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