Goldman Sachs profit tops estimates on robust debt underwriting, fixed-income trading

Goldman Sachs (GS) PT Raised to $500 at RBC Capital, Maintains Sector Perform

RBC Capital analyst Gerard Cassidy raised the price target on Goldman Sachs (NYSE: GS) to $500.00 (from $435.00) while maintaining a Sector Perform rating.

The analyst comments "GS is a preeminent global investment bank with a leading position in the global markets, which... More

Goldman Sachs (GS) PT Raised to $520 at Argus

Argus analyst Stephen Biggar raised the price target on Goldman Sachs (NYSE: GS) to $520.00 (from $465.00) while maintaining a Buy rating.

The analyst comments "Raising target to $520 following 2Q results On July 15, Goldman reported 2Q24 earnings of $8.62 per share, up from $3.08 a year earlier and above the... More

Wolfe Research on Goldman Sachs (GS): '2Q24 First Look: Mixed Bag'

Wolfe Research analyst Steven Chubak reiterated a Peerperform rating on Goldman Sachs (NYSE: GS).

The analyst comments "GS 2Q Summary: GS reported 2Q EPS of $8.62; ex. specials / impact of businesses GS intends to exit, the firm noted core EPS of $8.41, compared to... More

Citi Reiterates Neutral Rating on Goldman Sachs (GS)

Citi analyst Keith Horowitz reiterated a Neutral rating and $460.00 price target on Goldman Sachs (NYSE: GS)

The analyst comments "Core results were largely in line as stronger top line (34c) and lower credit costs (30c) were offset by higher than expected expenses... More

Goldman Sachs (GS) tops Q2 earnings expectations

Goldman Sachs (NYSE: GS) delivered a stronger-than-expected performance in the second quarter, surpassing analyst estimates for both earnings per share (EPS) and revenue.

The company reported an EPS of $8.62, which was $0.26 higher than the analyst consensus of $8.36. Revenue for the quarter was also higher, coming in at $12.73 billion against the expected $12.35 billion.

The firm's second-quarter revenue represented a 17% increase from the... More