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Goldman Sachs Group Inc (NYSE: GS) and other financial stocks have been in focus as some of the sector’s biggest banks report first-quarter results.
Here are some key analyst takeaways from Goldman Sachs’ release.
- Argus Research analyst Stephen Biggar upgraded the rating to Buy, while keeping the price target unchanged at $465.
- JPMorgan analyst Kian Abouhossein reiterated an Overweight rating, while raising the price target from $424 to $433.
- BMO Capital Markets analyst James Fotheringham maintained a Market Perform rating, while lifting the price target from $349 to $360.
- Keefe, Bruyette & Woods analyst David Konrad reaffirmed an Outperform rating and price target of $485.
- Oppenheimer analyst Chris Kotowski reiterated an Outperform rating and price target of $479.
Check out other analyst stock ratings.
Argus Research: Goldman Sachs’ first-quarter results demonstrated the “considerable strengths” of its franchise “during an investment banking upturn,” Biggar said in the upgrade note. The current spike in the investment banking environment “appears …
Full story available on Benzinga.com
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