McDonald’s downgraded to Hold on slowing sales at Erste

Erste Group analyst Stephan Lingnau downgraded McDonald’s (MCD) to Hold from Buy. The company’s sales will “grow very slowly” in 2025 and a higher growth rate is “only realistic in the coming year,” the analyst tells investors in a research note. The firm believes McDonald’s potential for further price increases is limited due to its low sales growth momentum this year.