Loop Capital downgrades McDonald’s on concerns over chicken strips

Loop Capital analyst Alton Stump downgraded McDonald’s (MCD) to Hold from Buy with a price target of $315, down from $346. The firm has “growing concerns” that McDonald’s domestic comp growth profile will not rebound as much as expected over the remainder of 2025. The company’s recent chicken strips launch has received predominantly negative customer feedback to date, which does not bode well ahead of McDonald’s pending snack wrap introduction hat will include the new chick strip, the analyst tells investors in a research note. Loop says its prior positive view on the shares was based on the company’s ability to rejuvenate U.S. same-store-sales on the sucess of these two new products. As such, the firm downgraded McDonald’s to Hold.