Xcode Static Analysis Not Warning About Localization Issue - User Facing Strings when Format String is Used

If I do this:

 NSString *name = @"Jim";
    NSMenuItem *menuItem = [[NSMenuItem alloc]init];
    
    // Analyze does show localization warning when format string is used.
    menuItem.title = [NSString stringWithFormat:@"Hello %@",name];

I expect to get the following warning:

User-facing text should use localized string macro

But I don't. However if I do this:

menuItem.title = @"What";

I do get the warning about localization as expected and as desired when I run Analyze. Is this considered a bug?

Thanks!