Mizuho Starts McDonald’s (MCD) Coverage with Neutral Rating, $300 Price Target

Group 1 - McDonald's Corporation (NYSE:MCD) is recognized as one of the 13 most undervalued dividend stocks to buy according to Wall Street analysts [1] - Mizuho initiated coverage of McDonald's with a Neutral rating and a price target of $300, highlighting an "aggressive value strategy" aimed at improving traffic trends, but cautioning that this may limit US margin visibility [2] - McDonald's announced a 5% increase in its quarterly dividend to $1.86 per share, extending its dividend growth streak to 49 consecutive years, positioning it one year away from becoming a Dividend King [2] Group 2 - The current dividend yield for McDonald's is 2.46% as of October 29 [2] - Mizuho believes the stock's current valuation accurately reflects the dynamics of its aggressive strategy [2]