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MCD
Benzinga
111 days

McDonald's Technicals Show Appetite For More Gains Ahead Of Earnings

1. MCD expects $2.66 EPS, $6.09 billion revenues in Q1 earnings report. 2. Stock is up 16.11% over the past year, indicating strong performance. 3. Technical analysis shows MCD in a strongly bullish trend. 4. Analysts forecast a 5% upside, with a price target of $323.25. 5. Current trading price is $317.70, showing buying pressure.

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FAQ

Why Bullish?

MCD's historical performance reflects resilience; recent earnings often surpass expectations, suggesting confidence pre-report.

How important is it?

Q1 earnings reports are critical; strong forecasts and historical data enhance likelihood of price movement.

Why Short Term?

Earnings reports provide immediate stock price reactions based on results, affecting short-term outlook significantly.

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