McDonald's Corporation $MCD Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its stake in McDonald’s Corporation by 14.3% in the 3rd quarter, selling 37,167 shares and holding 222,489 shares valued at $67.61 million. Other institutional investors also adjusted their positions, and analysts have issued various ratings and price targets, with a consensus “Hold” rating and an average price target of $339.69. The article also details recent positive news for McDonald’s while noting neutral and negative sentiments, and insider selling activity.

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