.September 3, 2024 at 7:07:11 PM

Tigress Financial upgraded McDonald’s Corporation (NYSE:MCD) to Buy, with a new price target of $360, signaling a positive outlook on the company’s financial performance and growth potential. McDonald’s is actively pursuing a digital transformation strategy to improve operations and enhance the overall customer experience, showcasing its commitment to innovation and technological advancement. Despite market fluctuations, McDonald’s stock has shown resilience, with a stable market capitalization of approximately $204.82 billion. This strategic focus on digital innovation, coupled with analyst confidence, positions McDonald’s as a promising investment option in the fast-food industry.