McDonald's (MCD) PT Lowered to $288 at BofA Securities
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Can McDonald’s create value with value offers?
May 28, 2024 8:00 PM EDTBank of America analysts questioned whether McDonald's (NYSE: MCD) can generate value through its value offers amidst a challenging sales environment in a client note on Tuesday.
The fast-food giant has seen its lowest quarterly same-store sales growth (SSSG) since the first half of 2020, with sluggish trends persisting into the second quarter of 2024. According to BofA, McDonald's traffic... More
