Goldman posts weakest results in four years, revenue tumbles 40 percent
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Dick Bove Says Goldman Sachs (GS) Needs to Change with the Times
April 19, 2016 12:34 PM EDTFollowing Goldman Sachs' (NYSE: GS) "very weak" first quarter earnings report, outspoken banking analyst Dick Bove of Rafferty Capital said it's time for the investment banking giant to make some transformational changes to its business.
While the analyst finds no fault with Goldmans... More
UBS Cuts Price Target on Morgan Stanley (MS) Following 1Q Report; Reiterates Buy
April 19, 2016 8:42 AM EDTUBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $32.00 (from $34.00), following the company's 1Q earnings report. UBS lowering forecasts for the remaining 9 months of 2016 due to a higher tax rate. 2017 EPS estimates have also been... More
