UBS Reaffirms Buy Rating on McDonald's with $320 Price Target
UBS has reaffirmed its 'Buy' rating on McDonald's Corp. () shares, setting a price target of $320.00 following the company's Investor Day presentation.
The firm highlighted McDonald's NEXT growth strategy, which focuses on driving same-store sales and guest count growth despite flat industry traffic.
The strategy emphasizes improved restaurant productivity and profitability through four pillars: menu, consumer, restaurant, and people.
McDonald's provided select financial targets through 2030, several of which met or exceeded expectations. The company emphasized capital expenditure deployment and achieving low-to-mid 50% operating margins by 2030.