Core Viewpoint - McDonald's Corporation (NYSE:MCD) is identified as a top blue-chip stock to buy at 52-week lows, with a maintained Buy rating and an increased price target from $373 to $381 by Citi analyst Jon Tower [1][2]. Group 1: Company Performance - The company is benefiting from strong value-based promotions that are attracting more customers in the short term [2]. - There is an easier year-over-year comparison, making the current results appear stronger than last year [2]. - The stock is expected to trade at a higher price-to-earnings multiple in the future, enhancing its attractiveness as an investment opportunity [2]. Group 2: Market Position - McDonald's operates as a global foodservice retailer, franchising restaurants worldwide [3]. - While McDonald's shows potential as an investment, certain AI stocks are noted to offer greater upside potential and less downside risk [3].
Citi Maintains a Buy on McDonald (MCD), Raises the PT