Goldman Reiterates Neutral on McDonald's, Raises PT to $97

Goldman Sachs reiterated its Neutral rating on McDonald's

. At the same time, the rating agency raised its price target on the company's stock from $90 to $97. On Friday, MCD closed the day at $88.56. Its shares lost 0.5% of its value in today's pre-market trading to stand around $88.12.