McDonald's India PR Crisis Hits Amid Wall Street Bullish Outlook

McDonald's India found itself in a public relations crisis after its official X account posted a series of strange messages.

The posts, which were later deleted, claimed that an unpaid intern was owed ₹60,000 and promoted a meme coin.

The drama unfolded at a low point for the company's stock, which closed Friday at $255.69, its weakest level in a year.

However, Wall Street analysts are more optimistic about McDonald's prospects, with an average 12-month target price of $317.18, representing a potential 24% increase from current levels.