The Federal Reserve is investigating Goldman Sachs' (GS) consumer business - WSJ

Goldman Sachs (GS) to reduce alternative investments weighing on earnings

Reuters reports today that Goldman Sachs (NYSE: GS) asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings.

Goldman Sachs plans to divest its positions over the next few years and replace some of those funds... More

Federal Reserve Probes Goldman (GS) Consumer Business - WSJ

(Updated - January 20, 2023 11:35 AM EST)

The Federal Reserve is investigating Goldman Sachs' (NYSE: GS) consumer business to determine if the bank had appropriate safeguards in place as it ramped up lending, according to a report from the Wall Street Journal, citing... More

Goldman Sachs (GS) PT Lowered to $410 at Credit Suisse, 'fourth quarter will mark a low point, and a turning point, for this franchise'

(Updated - January 19, 2023 10:13 AM EST)

Credit Suisse analyst Susan Roth Katzke lowered the price target on Goldman Sachs (NYSE: GS) to $410.00 (from $415.00) while maintaining a Outperform rating.

The analyst comments "Earlier this week Goldman Sachs reported fourth quarter earnings of $3.32 per... More

RBC Capital on Goldman Sachs (GS): 'remain best in class'

RBC Capital analyst Gerard Cassidy reiterated a Sector Perform rating and $370.00 price target on Goldman Sachs (NYSE: GS).

The analyst comments "GS is one of the preeminent global investment banks but even with its leading position, market conditions negatively impacted nearly all of its... More

Goldman Sachs (GS) PT Lowered to $443 at BMO Capital

(Updated - January 18, 2023 7:22 AM EST)

BMO Capital analyst James Fotheringham lowered the price target on Goldman Sachs (NYSE: GS) to $443.00 (from $485.00) while maintaining a Outperform rating.

The analyst comments "Following GSs 4Q22 big cost miss, we lower estimates by... More

Goldman Sachs (GS) PT Lowered to $322 at Morgan Stanley

Morgan Stanley analyst Betsy Graseck lowered the price target on Goldman Sachs (NYSE: GS) to $322.00 (from $356.00) while maintaining a Equalweight rating.... More