McDonald's posts rare profit miss as customers turn picky

Go back to McDonald's posts rare profit miss as customers turn picky

McDonald's (MCD) PT Lowered to $330 at BMO Capital

May 1, 2024 6:45 AM EDT

BMO Capital analyst Andrew Strelzik lowered the price target on McDonald's (NYSE: MCD) to $330.00 (from $335.00) while maintaining a Outperform rating.

The analyst comments "MCD's 1Q24 EPS of $2.70 fell $0.02 below consensus largely owing to modest comp miss across segments attributed to softer industry traffic. MCD... More