Goldman Sachs Maintains Buy on Mcdonald's

Goldman Sachs is out with its report today on McDonald's MCD, maintaining Buy. In its report, Goldman Sachs writes, "We see the company as well-positioned in the current environment: (1) We have found little statistical correlation between MCD results and the macro, (2) MCD is executing well and gaining market, and (3) We see potential EPS upside in 2012 driven by strong comps and margin expansion as commodity inflation fades. Our price target and estimates are unchanged." At the time of posting, shares of MCD were trading pre-market at $85.53, down 0.09% from Thursday's close.