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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Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has scrapped its board diversity rule, which required companies seeking stock market listings to have at least two diverse board members, including one woman. International CEO Richard Gnodde said the rule had achieved its purpose and was no longer necessary.
The Goldman Sachs Group, Inc. (GS) UBS Financial Services Conference (Transcript)
Goldman Sachs would consider acquisitions in asset and wealth management, but the bar for doing a deal is very high, CEO David Solomon said on Tuesday.
Goldman Sachs (GS -0.82%) has faced its share of challenges in recent years, primarily stemming from a slowdown in capital market activities like mergers and acquisitions and initial public offerings and the winding down of its consumer banking franchise.