McDonald’s Corporation (MCD) to Introduce New Menu Items Priced at $3 or Less, Reuters Reports

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McDonald’s Corporation (MCD) plans to introduce new menu items priced at $3 or less, along with $4 breakfast meal deals in the U.S. starting in April, to appeal to price-conscious consumers. This move follows a report by Reuters and aims to address economic concerns, with competitors like Burger King making similar efforts. Additionally, Tigress Financial recently reiterated a Buy rating on MCD and increased its price target to $385, citing the company’s strong global brand, AI efficiencies, and franchise model, projecting a potential 20% total return.

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