Citi Reiterates Buy Rating on McDonald's (MCD)

Citi analyst Jon Tower reiterated a Buy rating and $336.00 price target on McDonald's (NYSE: MCD)

The analyst comments "At first blush, 4Q earnings/’25 outlook came in better than feared, with upside driven by comp performance outside the US (IOM and IDLM better) and the US posting positive traffic growth in the Q (with check negative), with the shortfall in revenue tied to Street mis-modeling ownership shifts rather than fundamentals. The outlook for ’25 KPIs look in-line with Citi/Street expectations and we see the encouraging signs from global comp relative strength, and positive US traffic (ahead of the aggressive US value pivot/new product news launching in ’25) should bolster shares in the NT (and supports our constructive thesis on the name)."

For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.

Shares of McDonald's closed at $294.30 yesterday.

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