Wall Street 'too conservative' on McDonald's: Jefferies

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Loop Capital Reiterates Buy Rating on McDonald's (MCD)

September 10, 2024 7:11 AM EDT

Loop Capital analyst Alton Stump reiterated a Buy rating and $342.00 price target on McDonald's (NYSE: MCD).

The analyst comments "Our latest McDonalds U.S. franchisee checks indicate same-store sales growth is tracking ahead of expectations to date in 3Q. We... More