McDonald's Shares Rise, but Analyst Lowers Price Target Due to U.S. Economic Weakness
McDonald's Shares Rise, but Analyst Lowers Price Target Due to U.S. Economic Weakness
![McDonald's for news McDonald's for news](https://media.potatopro.com/mcdonald-2400.jpg?width=1200&height=743&crop=smart&mode=crop)
A Thomas Weisel analyst cut his price target on McDonald's Corp., anticipating a U.S. market slowdown.
Matthew DiFrisco said he expects the company to do well despite declining consumer spending and other economic issues, however.
"With its tiered menu strategy, we expect that McDonald's will be able to drive traffic despite rising unemployment in the United States,"he said. "Management has indicated that it expects to launch regional marketing that highlights value in geographies that are seeing the greatest economic weakness."
¿Te gustaría recibir noticias como esta por correo electrónico? ¡Únete y suscríbete!
Únete a nuestra Telegrama ¡Canal para actualizaciones periódicas!
Empresa Destacada
Noticias relacionadas
![J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world](https://media.potatopro.com/arcos-dorados-mcdonald-1200.png?width=600&height=357&crop=center&mode=crop)
Junio 27, 2024