Goldman Sachs Maintains Buy Rating and $100 PT on McDonald's

A report from Goldman Sachs reiterates its Buy rating and $100 price target on McDonald's

. The report states, “The company is reinvesting its record profits into continued increases in its ad budget, restaurant remodels which are modernizing its image, and technology improvements such as an upgraded POS system. We expect continued share gains as MCD widens the gap between itself and its primary competition.” MCD closed yesterday at $93.26.