Street View: Mcdonald's to keep the golden arches shining amid headwinds
** McDonald's MCD.N executives on Tuesday brushed off a potential sales hit from the deadly E. coli outbreak in the U.S., saying that the fast-food giant was past the incident and was looking to revive muted demand through promotions and value menu items
** Co is rated "buy" on average; median PT is $325 - LSEG data
FOCUS ON REGAINING MOMENTUM
** Bernstein ("market perform", PT: $290) says the surprise deceleration in international markets indicates that the path to recovery is tougher than envisioned
** Truist Securities ("buy", PT: $342) says while macro headwinds continue, the improved U.S. momentum prior to the E. coli outbreak boosts confidence in future market share gains
** BMO ("outperform", PT: $335) expects the market to refocus on co's competitive advantage to gain share in 2025 and beyond
** Wedbush ("outperform", PT: $330) believes MCD's size and scale will help it overcome near-term global challenges and gain transaction share across its markets, including in the U.S.
Reporting by Joel Jose in Bengaluru
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