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MCD
Benzinga
189 days

These Analysts Boost Their Forecasts On McDonald's After Q4 Earnings

1. Q4 sales declined 0.3% to $6.388 billion, missing expectations. 2. Global comparable sales rose 0.4%, but U.S. sales fell 1.4%. 3. CEO stated that strategy focuses on market share growth and innovation. 4. Analysts revised price targets upwards, signaling confidence in MCD stock.

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FAQ

Why Bullish?

Despite the sales decline, analysts raised price targets, indicating strong future prospects.

How important is it?

The article discusses earnings and analyst ratings, directly impacting MCD's stock outlook.

Why Short Term?

Analyst upgrades often reflect short-term outlook and earnings responses.

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