Jefferies Reaffirms Buy Rating on McDonald's with $325 Target

Jefferies analyst Andy Barish has reaffirmed his Buy rating on McDonald's (NYSE: MCD) with a price target of $325.00. The analyst believes that the company's new long-term growth algorithm will continue to drive operational margin expansion through 2030, supported by a return to strong same-store sales (SSS). Although unit growth is expected to moderate in 2028 and beyond, capex and rent relief are anticipated to provide support for McDonald's remodel cycle.

The current valuation of the stock offers an attractive buying opportunity following its recent pullback. With shares closing at $238.32 yesterday, investors may be presented with a more favorable entry point. Barish's comments suggest that the company's growth trajectory remains intact, despite near-term challenges.