McDonald's rise after Truist raises PT
ReutersJan 8, 2026 5:32 PM
Shares of fast-food chain McDonald's MCD.N rise 1.23% to $307.88
Truist Securities raises PT on MCD to $356 from $350, a 17% upside to the stock's last close
Brokerage cites confidence in self-help sales drivers and a better near-term sales outlook
Growing traffic benefit from the Extra Value Menu, potential innovation around chicken, and a possible national beverage platform rollout following successful regional tests represent key company-specific drivers, the brokerage says
20 of 39 brokerages rate the stock "buy" or "higher", 17 "hold" and 2 "sell"; their median PT is $342.50
Including session's moves, MCD up 7.3% in last 12 months
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