Reported 2 days ago
Wells Fargo has reduced its price target for Goldman Sachs (GS) from $720 to $680, maintaining an Overweight rating on the shares. The adjustment comes amid a cautious outlook for Q1 earnings due to policy uncertainties affecting investment banking and other areas. Despite this, Wells Fargo remains optimistic about the sector's long-term prospects, citing significant deregulation.
Source: YAHOO