CNBC Pro

Morgan Stanley lowers McDonald's price target as Ukraine-Russia war leads to store closures

A logo of the McDonald's restaurant is seen in the window with a reflection of Kremlin's tower in central Moscow, Russia March 9, 2022.
Maxim Shemetov | Reuters

McDonald's' upside will be limited due to the Ukraine-Russia war, according to Morgan Stanley.

More In Street Calls

Here are Friday's biggest analyst calls: Tesla, Nike, Generac, Microsoft, Disney, Micron & more
CNBC ProHere are Friday's biggest analyst calls: Tesla, Nike, Generac, Microsoft, Disney, Micron & more
Buy this electric vehicle charging company poised to rally 120% as adoption grows, Credit Suisse says
CNBC ProBuy this electric vehicle charging company poised to rally 120% as adoption grows, Credit Suisse says
It's time to buy this residential generator leader trading at attractive levels, Cowen says
CNBC ProIt's time to buy this residential generator leader trading at attractive levels, Cowen says