McDonald’s stock heads into Monday near $307 after Truist target hike — here’s what could move it next
McDonald's shares fell 0.5% to $307.32 on Friday, lagging behind fast-food peers as the S&P 500 rose. Truist Securities raised its price target to $356, citing menu initiatives and potential beverage rollouts but warned of cost pressures. Traders are watching the $300 level ahead of the company’s expected Feb. 9 earnings. Key U.S. inflation data is due Tuesday, likely to influence sentiment.