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McDonald’s price target raised to $385 from $360 at Tigress Financial

Tigress Financial raised the firm’s price target on McDonald’s (MCD) to $385 from $360 and keeps a Buy rating on the shares, citing the company’s “powerful global brand,” rapid unit expansion, AI-driven efficiencies, and asset-light franchise model. The firm notes its raised 12-month target, combined with dividends, represents a potential total return of 20% from current levels.

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