Goldman Sachs has upgraded McDonald's (MCD) stock citing the return of the popular Snack Wrap and potential menu innovation as key drivers for the company's stock performance. Financial analysts believe the addition of such profitable items to the fast-food giant's menu will boost its earnings. However, certain aspects have led to downgrading, including rising popularity of weight-loss drugs impacting food consumption. These mixed views have caused McDonald's stock to fluctuate with occasional drops, despite moments of recovery and growth potential. Furthermore, McDonald's executive, Edith Flatley, has sold a significant share of her stock, and several investment firms have reduced their positions. Yet, Citigroup has increased the price target for McDonald's stock to $365. Some market influencers, like Jim Cramer, have encouraged purchasing McDonald's stock seeing it as a tasty opportunity. Despite minor traffic falls in U.S., there continues to be faithful investment in the company by institutional entities.
Mcdonalds Stocks News Analytics from Fri, 17 Jan 2025 08:00:00 GMT to Sat, 12 Jul 2025 18:29:38 GMT -
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