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Benzinga
Benzinga
Business
AJ Fabino

McDonald's To $278? Analysts Just Raised Their Price Targets On These 5 Stocks

Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession.

The S&P 500, which returned nearly 27% to investors last year, has lost more than 19% year-to-date. The World Bank cut its global growth outlook, with President David Malpass warning that “for many countries, [a] recession will be hard to avoid.”

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