0000 GMT - Guzman Y Gomez's bear at Citi sees nothing in the fast-food franchiser's first-half result to drive the stock higher. Analyst Sam Teeger tells clients in a note that the Australian company is executing well, but more slowly than the market had expected. He observes that the December-half Australia sales growth of 4.4% showed acceleration from the fiscal first quarter, but nonetheless fell short of consensus for 5.2%. This might be because McDonald's is doing well in the country, he suggests. Citi has a last-published sell rating and A$21.35 target price on the stock, which is down 10% at A$18.27. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 19, 2026 19:00 ET (00:00 GMT)
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