MCD's Newest Bull Eyes Company Comeback in Earnings & Margins
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Citigroup has upgraded McDonald's (MCD) to a buy rating from neutral, citing the company's potential for recovery in earnings and margins through scale advantages. The price target for MCD has also been raised.
January 10, 2025 | 4:00 pm
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Citigroup has upgraded McDonald's to a buy rating from neutral, indicating confidence in the company's potential for recovery in earnings and margins. The price target has been raised, suggesting expected stock price appreciation.
The upgrade from Citigroup reflects a positive outlook on McDonald's ability to leverage its scale for profit growth. The raised price target indicates an expectation of stock price increase, which is likely to attract investor interest and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100