In recent developments related to
Goldman Sachs Group (GS), a lots of varying activities occurred. The bank faced a
13% drop last week coinciding with a COO appointment, while several stakeholders increased or decreased their shares.
SevenBridge Financial Group LLC and
Foundry Partners LLC boosted their holdings, while
Massachusetts Financial Services Co. MA, Howe & Rusling Inc., Delta Asset Management LLC TN, and others reduced theirs. Moreover, analysts' perspectives differ; while the stock was upgraded to a Buy by
Morgan Stanley and Barclays, it was downgraded to Neutral by Daiwa Capital Markets. Renewed optimism for deregulation and increased capital markets activity seem to have uplifted GS. However, the contemplation of exploring the sale of the Apple Card Partnership resulted in a 6% dip. Goldman Sachs is now maneuvering several strategic decisions, including the acquisition of Atlas-SSI in a $744B water infrastructure play and working with JPMorgan on Discord's planned IPO. The bank's continued seven straight sessions of gains despite some setbacks indicates adaptability and core strengths.
JPMorgan Chase & Co. has increased the price target to $625.00, endorsing the bank's potential.
Goldman Sachs Group GS News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Sat, 05 Apr 2025 21:07:48 GMT -
Rating 2
- Innovation 4
- Information 8
- Rumor -3
