Andy Barish of Jefferies reviews McDonald’s (MCD) earnings and explains his price target. He says international comps benefitted from lapping the same quarter last year, where conflict in the Middle East dampened revenues, while e. Coli impacted the U.S. “The key thing” is MCD is “gaining share in its category.” He expects MCD to continue to win.
Market On Close
10 Feb 2025
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