McDonald’s price target raised to $365 from $350 at UBS

UBS raised the firm’s price target on McDonald’s (MCD) to $365 from $350 and keeps a Buy rating on the shares. The Q4 results highlighted strong global same-store sales and progress on strategic initiatives, with momentum expected to continue in 2026 despite macro pressures, the analyst tells investors in a research note. Accelerating new store growth, value and menu innovation, and marketing initiatives support market share gains, while 2026 operating profit is projected higher, reinforcing confidence in McDonald’s sales trajectory and defensive earnings profile, the firm says.