TD Cowen Affirms Hold Rating on McDonald’s (MCD) with a $305 Price Target

From Yahoo Finance: 2025-06-05 21:09:00

TD Cowen maintained a Hold rating on McDonald’s (MCD) with a $305 price target, predicting a 2.8% boost in US same-store sales for Q2 2025. They expect MCD shares to range from $305 to $320, highlighting the brand’s robust dividend record.

Industry professionals are optimistic about McDonald’s sales environment in the latter half of 2025, citing potentially favorable comparisons and the success of the McCrispy Strips menu upgrade.

TD Cowen analysts are cautious about the mass rollout of CosMc’s beverages to McDonald’s core brand in 2025. They stress the importance of introducing cold brew coffee, which is easy to make and requires minimal customization.

McDonald’s (MCD) shows signs of upcoming growth, but a more reliable sales trajectory is crucial to break out of its current trading range, according to TD Cowen.

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