04:10 PM EDT, 05/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target to $329 from $340, 27x our 2025 EPS estimate, versus its 24x three-year average forward multiple. We cut our 2025 EPS to $12.19 from $12.61 and 2026 EPS to $12.86 from $13.78. Our revised estimates reflect a lower growth outlook, based on recent weakness in the U.S. and Europe, as well as lower margin expansion expectations, now flat Y/Y, but still robust at 46.5% of sales. It is now our expectation that MCD will lean further into value, offsetting future improvement in foot traffic more than anticipated. We keep our multiple at 27x, toward the top of its 20x-27x three-year trading range, crediting shares of MCD for their market share leadership and resilient operating margins. However, we lower our opinion to Hold. At current levels, we think shares are fairly valued, having outperformed the S&P 500 YTD, with shares' forward multiple expanding from 20x in July 2024 to 26x today. We think some restaurant peers offer more attractive growth prospects at similar or better valuations.