Goldman Sachs analyst Christine Cho keeps a Neutral rating and $325 price target on McDonald’s (MCD), noting the firm remain neutral on the stock amid the fast-food value war and soft consumer demand across international markets weighing on the top line. The macro backdrop is expected to be challenged into FY25, though the firm is also cognizant of easing y/y compares and believes that McDonald’s will be successful vs. peers as it leverages its size and scale to drive compelling value offerings, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCD:
- McDonald’s (NYSE:MCD) Will Unveil McValue Platform in 2025
- Nvidia reports Q3 beat, Starbucks explores China partnerships: Morning Buzz
- McDonald’s working on ‘McValue’ offering for 2025, CNBC reports
- How High Can Elon Musk Take Dogecoin?
- McDonald’s spending $100M to spur sales after E. Coli outbreak, Bloomberg says