McDonald’s price target raised to $360 from $336 at Citi

Citi raised the firm’s price target on McDonald’s (MCD) to $360 from $336 and keeps a Buy rating on the shares. The company’s Q4 results and outlook offered support for an improving U.S. comp trajectory in 2025, backed by McDonald’s “leaning more aggressively into” its core equities of value, new product news, and continuing to build out its loyalty base, the analyst tells investors in a research note. The firm says that while the consumer demand backdrop remains bifurcated, McDonald’s has a recipe for accelerating same-store-sales, improving margins, and the associated multiple expansion in 2025.