Melius' Jacob Aiken-Phillips on call to sell McDonald's and Starbucks
CNBC Televisionยท2025-07-14 18:17Welcome back to the exchange. A couple of bearish calls in the restaurant space today. Melius Research initiating Starbucks with a sell rating and an $80 price target.It's down that would be 16% lower from here. They say pricing has outpaced the consumer experience. The firm also not buying the hype around the snack wrap launch, slapping a sell on McDonald's with a 250 price target.It's at 300 today. They're saying the Big Mac maker has a long road ahead to rebalance its value perception as well. Joining us ...