McDonald’s price target raised to $364 from $353 at Citi

Citi raised the firm’s price target on McDonald’s (MCD) to $364 from $353 and keeps a Buy rating on the shares post the Q1 report. The firm says an “underwhelming” sales print is behind McDonald’s, with indications that sales improved in April and the company continuing to back improvement in traffic and market share off the Q1 lows. After two years without consistent new product news in the U.S., the company’s news items and a realignment of management to address speed to market will work to accelerate sales ad earnings over the balance of 2025 and into 2026, the analyst tells investors in a research note.