Ebrahim Poonawala, Bank of America managing director, joins 'Closing Bell Overtime' to talk changes in the Federal Reserve and what it means for the financial sectors moving forward.
Goldman (GS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has been downgraded to ‘Neutral' from ‘Buy' by analysts at UBS who see limited upside to its current valuation. On the other hand, they boosted their price target to US$610 from $600.
Goldman Sachs (GS) closed the most recent trading day at $580.13, moving +0.9% from the previous trading session.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Goldman Sachs is rated a 'buy' due to leadership in deal flow, strong capital attraction, and favorable macro tailwinds, despite recent price momentum. The company's diversified operations and record $3.10 trillion AUS drive accretive fee-related earnings, with significant growth in Asset and Wealth Management. Goldman Sachs' valuation metrics indicate it remains undervalued relative to peers, with a fair value of $615.96, offering a 16.94% upside.
The latest trading day saw Goldman Sachs (GS) settling at $570.78, representing a +0.83% change from its previous close.
Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
GS benefits from a revival of global M&A deals. Its expansion in the private equity line looks promising.
Goldman Sachs' CFO is optimistic about the deal activity outlook in 2025 after the US presidential election due to enhanced client dialogue. The stock's financials have firmly recovered due to strong Asset Management & Equity Trading, and in Q3, earnings were beaten by a substantial amount. Although the valuation remains high, it is cheaper than its closest peer, and it has remained within the same range throughout the year without expanding, while the stock has appreciated.
Goldman Sachs (GS) closed the most recent trading day at $586.33, moving +0.15% from the previous trading session.