McDonald's continued to rise for 6 days and hit a high for the first time in 5 months

Evercore said Monday that it is “getting bullish” about McDonald's (MCD)'s 2025 US business, according to The Fly.The company pointed out that McDonald's has recently experienced an improvement in relative market share, and it believes it will continue until the second half of this year.

Evercore revised its forecast for US existing store sales for the 3rd quarter to be flat compared to the same period last year. The US existing store sales growth rate in 2025 is expected to increase 3% from the 2% increase previously anticipated.

What is Evercore's target stock price for MCD stock300 to 320It was raised to, and outperform ratings continued.