Oppenheimer upgraded McDonald’s (MCD) to Outperform from Perform with a $355 price target. The firm is more bullish on the restaurant sector into 2026 following 2025’s underperformance. Its top picks for the new year are Chipotle (CMG), Domino’s Pizza (DPZ) and McDonald’s (MCD). McDonald’s shares, which have long been stuck in the $300 trading range, offer a “golden opportunity for a break-out,” the analyst tells investors in a research note. Oppenheimer believes the company’s steps to reposition its value perception and create an innovation pipeline “enables a powerful setup.” It expects “revitalized” earnings growth in 2026 and 2207 after two years of disappointments.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCD:
- McDonald’s upgraded to Outperform from Perform at Oppenheimer
- Expert Warns that AI’s ‘Circular Financing’ Could Inflate Market Risk in 2026
- Exxon, Cisco, Moderna, Home Depot, McDonald’s Insider Shake-Up
- McDonald’s (MCD) Reviews Franchisees to Ensure They’re Offering Value to Customers
- Nvidia, Microsoft, Super Micro, J&J, McDonald’s: Insider Moves Unveiled!