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McDonald's up after brokerage BTIG upgrades to 'buy' (February 2)

ReutersFeb 3, 2026 10:27 AM

Shares of fast food chain brand McDonald's MCD.N up about 1% at $317.97

BTIG upgrades rating to "buy" from "neutral"; PT at $360

The PT represents ~14% upside to stock's last close

Brokerage says co's revamped value and promotions strategy is steadily boosting traffic, with a new beverage platform launching in 1H26, expected to be the next key driver of U.S. same‑store sales and transactions

Adds McDonald's investment in value, including increased Extra Value Meal discounts and its $5 and $8 meal offers is lifting guest counts

Adds MCD and its franchisees are investing in equipment and smallwares ahead of a planned spring-summer launch of CosMc's beverages, aimed at sharpening its edge against beverage‑led rivals

21 of 39 brokerages rate stock "buy" or higher, 16 "hold" 2 "sell"; median PT is $344 - data compiled by LSEG

MCD stock up 5.4% in 2025

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