McDonald’s stock price dips after a late-week swing as upgrades collide with a busy macro calendar
McDonald’s shares fell 1.4% to $327.58 Friday after touching $335.50 earlier in the session, with about 3.6 million shares traded. The company posted Q4 global comparable sales up 5.7% and raised its dividend 5% to $1.86 per share. Analysts including Argus and Jefferies lifted price targets following earnings. The drop comes ahead of key U.S. economic data and Federal Reserve minutes next week.