Redburn Atlantic downgrades McDonald's stock from Buy to Sell, cuts price target
From Yahoo Finance: 2025-06-18 09:55:00
McDonald’s Corporation (MCD) was downgraded by Redburn Atlantic analyst Chris Luyckx from Buy to Sell, with a lowered price target of $260 from $319. The firm believes weight-loss drugs like GLP-1 could impact demand over time, warning of potential sales hits that could have lasting effects on dining habits.
On June 9, Cramer criticized analysts for downgrading McDonald’s stock, citing it as too expensive and not insulated from structural pressures on fast food. Morgan Stanley downgraded the stock to Equal Weight or Hold, causing a 0.84% drop in stock price.
McDonald’s (MCD) operates and franchises restaurants, offering a variety of food and beverage options such as burgers, chicken items, fries, desserts, and breakfast choices. The company utilizes different franchise models to run its business efficiently.
Read more at Yahoo Finance: Redburn Atlantic Downgrades McDonald’s (MCD) Stock, Cuts PT