McDonald's India Drama Erupts While Wall Street Targets 24% Stock Rally | Market Editor's Pick

McDonald’s India removed a run of posts from its verified X account on Sunday, after claims in the first person that an unpaid intern was owed ₹60,000 (later revised from December 2025 to May), plus promotional messages for a meme coin and crypto wallet addresses. The incident landed while McDonald’s Corp. (MCD) was already under pressure: it closed Friday at $255.69, its weakest level in a year. Wall Street, however, still expects a bounce, with TipRanks showing 14 buys, 10 holds and no sells, averaging a $317.18 target—about 24% above Friday’s close.