Reported about 13 hours ago
Analyst David Konrad from Keefe, Bruyette & Woods has reaffirmed an Outperform rating for Goldman Sachs, raising the price target to $690 amidst strong quarterly results driven by a 33% surge in trading revenue and significant growth in Asset Management. Despite its high relative price, Goldman Sachs is considered one of the affordable options for investors in capital markets, with revised earnings estimates for 2025 and 2026 reflecting robust demand for deal-making and continued strength in equities.
Source: YAHOO