Stephens analyst Joshua Long notes that McDonald’s has released some high-level targets for development, loyalty membership, and cloud technology ahead of the company’s analyst day. Notable updates include 50k restaurants by FY27, which would be the fastest period of growth in the brand’s history, and expanding loyalty 90-day active users from 150M to 250M by FY27, the firm highlights. Stephens has an Overweight rating on the shares with a price target of $300.
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