McDonald's to offer discounted combo meals, WSJ reports

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TD Cowen on McDonald's (MCD): 'We lean more negatively on the reduction in combo meals', 'We are surprised by media reports of the magnitude of pricing reduction'

August 20, 2025 1:12 PM EDT

TD Cowen analyst Andrew Charles reiterated a Hold rating and $315.00 price target on McDonald's (NYSE: MCD).

The analyst comments "We are surprised by media reports of the magnitude of pricing reduction on popular combos and McDonald's willingness to provide subsidies to impacted franchisees to drive traffic. Our gut reaction is that in an uninspiring quick service industry backdrop, McDonald's value efforts are moreso a problem to quick service burger peers - Hold-rated QSR, WEN & JACK - and less of a benefit to MCD. The Wall Street... More

Raymond James on McDonald's (MCD): 'this appears to be an incremental 4-5% discount vs. current combo meal prices...'

August 20, 2025 9:23 AM EDT

Raymond James analyst Brian Vaccaro reiterated a Market Perform rating and {REMOVEPT} price target on McDonald's (NYSE: MCD).

The analyst comments "This morning, the WSJ is reporting that McDonalds plans to lower combo meal prices featuring several core menu items in an effort to improve value perceptions. According to the article, the company and its... More