Jefferies Reiterates Buy Rating on McDonald's (MCD)

Jefferies analyst Andy Barish reiterated a Buy rating and $325.00 price target on McDonald's (NYSE: MCD).

The analyst comments "While reaccel. SSS to positive territory (like Sept expected to be) remains the near-term focus for investors, the new LT growth algo beat expectations for op margin expansion through 2030, supported by a return to LSD%+ SSS, even with unit growth moderating in '28+ and capex/rent relief the next 10 yrs to support a "NEXT"-infused remodel cycle, larger than expected. With the stock pullback, current valuation offers a more attractive buying oppty, in our view."

For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.

Shares of McDonald's closed at $238.32 yesterday.

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