Barclays analyst Jeffrey Bernstein raised the firm’s price target on McDonald’s (MCD) to $355 from $347 and keeps an Overweight rating on the shares. The company’s Q1 report was disappointing but the 2025 outlook is intact, the analyst tells investors in a research note. The firm says McDonald’s U.S. comp has rebounded in April led by Minecraft.
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Read More on MCD:
- McDonald’s price target raised to $364 from $353 at Citi
- Positive Outlook for McDonald’s: Growth Driven by New Products, Value Messaging, and Strategic International Initiatives
- McDonald’s: Resilient Growth and Market Share Gains Amidst Challenges
- McDonald’s Strategic Growth and Resilience: Analyst Recommends Buy with Promising Outlook
- McDonald’s Reports First Quarter 2025 Earnings
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