tiprankstipranks
The Fly

McDonald’s price target raised to $350 from $347 at Barclays

McDonald’s price target raised to $350 from $347 at Barclays

Barclays raised the firm’s price target on McDonald’s (MCD) to $350 from $347 and keeps an Overweight rating on the shares. In a reversal from Q3, international comp upside was mitigated by U.S. downside in Q4, the analyst tells investors. Though the U.S. is off to a “sluggish start” in 2025, McDonald’s is taking share and the firm has confidence in worldwide acceleration this year, the analyst tells investors.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1