McDonald’s Stock Gets ‘Meaningful Tailwind’ With New Value Plan
TD Cowen, KeyBanc and BTIG raised their McDonald’s price targets after Q3 results, with the chain’s new value platform launching in early 2027.
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TD Cowen, KeyBanc and BTIG raised their McDonald’s price targets after Q3 results, with the chain’s new value platform launching in early 2027.
Wells Fargo maintained its 'Overweight' rating on McDonald's and increased its price target to $300 from $270.
BTIG maintained a Buy rating on McDonald's and increased its price target from $295 to $305.
JPMorgan updated its price target for McDonald's Corporation to $270 from $250.
McDonald's reported Q3 2026 comparable sales growth of 1.5% and announced three strategic initiatives: testing affordable value menu options across 1,900 U.S. restaurants to boost traffic, expanding specialty beverages that increase check sizes by ~50%, and progressing toward a 98% franchised model by 2028 to improve operating margins. Management noted improving baseline traffic trends heading into Q4 and remains focused on executing its McDonald's > NEXT growth plan.