McDonald’s (NYSE:MCD) stock has reached new all-time highs, with analysts from TD Cowen and BTIG offering positive outlooks after strong fourth-quarter results. Both firms highlighted better-than-expected same-store sales growth and the success of McDonald’s value strategy in attracting lower-income consumers, leading BTIG to raise its price target for the company. Despite some analyst caution regarding higher interest and CapEx guidance, the overall sentiment points to continued upside for MCD.
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McDonald's Stock Hits New All-Time Highs And Has More Upside: Analyst Says 'Value Strategy Is Clearly Working'
McDonald’s (NYSE:MCD) stock has reached new all-time highs, with analysts from TD Cowen and BTIG offering positive outlooks after strong fourth-quarter results. Both firms highlighted better-than-expected same-store sales growth and the success of McDonald’s value strategy in attracting lower-income consumers, leading BTIG to raise its price target for the company. Despite some analyst caution regarding higher interest and CapEx guidance, the overall sentiment points to continued upside for MCD.