Bearish
McDonald's (MCD) stock hits 12-month low after Argus downgrades price target to $310.
McDonald's stock reached a new 12-month low following an analyst downgrade. Argus reduced its price target from $320 to $310 while maintaining a 'Buy' rating, indicating potential upside but reflecting cautious expectations. The stock closed at $260.93 on August 27, 2026. ([marketbeat.com](https://www.marketbeat.com/instant-alerts/price-mcdonalds-nyse-mcd-hits-new-12-month-low-following-analyst-downgrade-2026-08-27/?utm_source=openai))
Key points
- Argus lowers McDonald's price target to $310, maintaining 'Buy' rating.
- McDonald's to reintroduce Spicy Chicken McNuggets on September 1 after two-year hiatus.
- Robert W. Baird upgrades McDonald's to 'Hold,' indicating balanced valuation and near-term prospects.
- McDonald's stock underperforms as defensive blue chips lag behind tech-led rally.
Sources
- McDonald's (NYSE:MCD) Hits New 12-Month Low Following Analyst DowngradeMarketBeat · August 27, 2026
- McDonald's Stock Price Forecast — MCD Slips to $283.82, Near 52-Week Low, as Hawkish Fed and Risk-On Rally Pressure the Dividend AristocratTradingNews · June 18, 2026
- McDonald's (MCD) Stock News & UpdatesStockTitan · August 26, 2026
- McDonald's (MCD) Stock Price & OverviewStockAnalysis · August 27, 2026
AI-generated from public news sources. Not financial advice.
