1 Wall Street Analyst Thinks McDonald's Stock Is Going to $349. Is It a Buy Around $310?
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Despite McDonald's missing both top and bottom lines in Q4 2024, analysts remain optimistic about its future. One analyst predicts the stock could reach $349, suggesting potential upside from its current price around $310.
February 12, 2025 | 2:15 pm
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McDonald's missed earnings expectations in Q4 2024, but analysts are optimistic. One analyst predicts the stock could rise to $349, indicating potential upside from its current price of around $310.
The article highlights that McDonald's missed earnings expectations, which could typically lead to a negative impact on stock price. However, the fact that analysts are still bullish and one predicts a significant price increase to $349 suggests a positive short-term outlook. This optimism likely stems from confidence in McDonald's future performance or strategic initiatives.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100