McDonald’s Price Targets Raised to $325 and $364 by JPMorgan, Deutsche Bank
JPMorgan raised its McDonald’s price target to $325 from $305 and maintained an Overweight rating, citing improved growth quality and recommending buy-on-pullbacks. Deutsche Bank boosted its target to $364 (13% upside), highlighting 5.7% global same-store sales growth and menu innovations expected to support high-single-digit EPS gains.
1. JPMorgan Lifts Price Target to $325
On February 24, JPMorgan analyst John Ivankoe raised McDonald’s price target to $325 from $305 and kept an Overweight rating, attributing the increase to a revaluation of the restaurant group’s growth quality. The firm advised investors to consider buying the stock on pullbacks, highlighting resilience in consumer demand and brand strength.
2. Morgan Stanley Maintains Equal Weight at $335
Following the latest quarterly results, Morgan Stanley maintained an Equal Weight rating and set a $335 price target, noting solid revenue growth across all segments. The firm emphasized that marketing campaigns bolstered earnings, though ongoing investments may constrain near-term EPS and free cash flow expansion.
3. Deutsche Bank Reiterates Buy and Raises Target
Deutsche Bank reiterated its Buy rating and lifted its price target to $364, implying roughly 13% upside from current levels. The bank pointed to strong fourth-quarter performance, with 5.7% global same-store sales growth driven by value offerings and menu innovation, and projected a return to high-single-digit EPS growth.