Recently, Zacks.com users have been paying close attention to Goldman (GS). This makes it worthwhile to examine what the stock has in store.
"It does appear that firmer succession planning is underway," said Stephen Biggar, a banking analyst at Argus Research.
In the latest trading session, Goldman Sachs (GS) closed at $614.91, marking a -1.79% move from the previous day.
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Goldman Sachs gets buy rating reaffirmed, expected to get tailwind from positive macro forecast in M&A, wealth advisory, and equities markets. The firm has proven itself already with a profit margin beating its sector, declining OpEx, and positive 10-year dividend CAGR. 3 major agencies gave the firm a strong investment-grade rating.
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.
According to one former Goldman managing director, "Solly is fine; just look at the stock price. No one cares anymore that he could be a jerk.
Goldman Sachs has appointed insiders William Connolly and Michael Voris as co-heads of Equity Capital Markets (ECM) in the Americas, according to a memo seen by Reuters on Wednesday.
Trump 2.0 era may see a boost in deal-making activities. The trend could benefit these ETFs.
In the past year, The Goldman Sachs Group, Inc. GS shares jumped 72%, outperforming the industry's growth of 55.7% and the S&P 500 index rise of 24.3%. Further, the stock has fared better than its JPMorgan JPM and Morgan Stanley MS, which gained 56.4% and 66.2%, respectively, during the same time frame.
Goldman (GS) reported earnings 30 days ago. What's next for the stock?
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