The Goldman Sachs Group, Inc., a financial institution, provides range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services. This segment also offers underwriting services, such as equity underwriting for common and preferred stock and convertible and exchangeable securities; and debt underwriting for various types of debt instruments, including investment-grade and high-yield debt, bank and bridge loans, and emerging- and growth-market debt, as well as originates structured securities. Its Global Markets segment is involved in client execution activities for cash and derivative instruments; credit and interest rate products; and provision of equity intermediation and equity financing, clearing, settlement, and custody services, as well as mortgages, currencies, commodities, and equities related products. The company's Asset Management segment manages assets across various asset classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, as well as invests in corporate, real estate, and infrastructure entities. Its Consumer & Wealth Management segment offers wealth advisory and banking services, including financial planning, investment management, deposit taking, and lending; private banking; and unsecured loans, as well as accepts saving and time deposits. The company was founded in 1869 and is headquartered in New York, New York.
IPO Year: 1999
Exchange: NYSE
Website: goldmansachs.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/2/2024 | Buy → Neutral | Seaport Research Partners | |
| 4/16/2024 | $465.00 | Hold → Buy | Argus |
| 3/14/2024 | $410.00 → $430.00 | Neutral → Outperform | Daiwa Securities |
| 2/27/2024 | Buy | Edward Jones | |
| 1/30/2024 | $333.00 → $449.00 | Equal-Weight → Overweight | Morgan Stanley |
| 1/18/2024 | $357.00 → $360.00 | Market Perform | BMO Capital Markets |
| 1/10/2024 | $421.00 → $357.00 | Outperform → Market Perform | BMO Capital Markets |
| 9/7/2023 | $403.00 | Buy | HSBC Securities |
| 8/1/2023 | $330.00 → $351.00 | Underweight → Neutral | Atlantic Equities |
| 7/25/2023 | $370.00 → $400.00 | Buy → Neutral | Citigroup |
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
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4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)
Industry veteran with track record of driving innovation at scale across multiple enterprise technology companies to accelerate next chapter of growth Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the appointment of Chirantan "CJ" Desai as President of Product & Engineering to further accelerate the company's next phase of growth to $5 billion in annual recurring revenue and beyond. Desai's 25+ years of experience spans product innovation, go-to-market strategies, and operational efficiency—all key in building high-performing teams and driving sustained business growth at scale. Desai most recently served as President and Chief Operating Officer at S
Proceeds support advancement of two next-generation precision oncology programs into clinical development within 12 months Financing led by Goldman Sachs Alternatives with participation by Canaan Partners, Driehaus Capital Management, Invus, Digitalis Ventures, Blue Owl Capital, and existing investors Alterome Therapeutics, Inc., a biopharmaceutical company pioneering the development of next generation, small molecule targeted therapies for the treatment of cancer, today announced the closing of a $132 million Series B financing. Proceeds from the fundraise will be used to support the advancement of multiple wholly-owned pipeline programs into the clinic, including a highly specific AKT
NORD/LB and Mitsubishi HC Capital America will support the clean energy facility through debt financing GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it closed its first tax credit sale with J.P. Morgan in support of its Goleta Energy Storage project. The standalone battery energy storage project is the largest lithium-ion battery facility in Santa Barbara County and began operations in December 2023. In addition to the tax credit transfer, GridStor's Goleta Energy Storage project is financed with long term debt provided by NORD/LB and Mitsubishi HC Capital America. "This deal demonstrates the superior execution capabilities of
DURHAM, N.C., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Parexel, one of the world's largest clinical research organizations (CROs) providing the full range of Phase I to IV clinical development services, today announced the appointment of Susan R. Salka, retired Chief Executive Officer and President of AMN Healthcare Services, Inc., to its Board of Directors. Ms. Salka's appointment is effective Feb. 1. Ms. Salka brings more than 30 years of healthcare leadership experience to Parexel, serving as AMN Healthcare's Chief Executive Officer and President from 2005 to 2022, and as a director of the company from 2003 to 2022. During her tenure AMN grew to become the largest total talent solutions a
Star Mountain Capital, a rapidly growing employee-owned specialized investment firm with over $3.5 billion AUM, focused on delivering systematic alpha and low market correlated returns from high yielding private loans with equity upside in the lower middle-market, announced that Eric Kirsch has joined as Senior Advisor. Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $3.5 billion in assets under management (committed capital including debt facilities as of 9/30/2023) focused on generating defensive and premium returns from the less efficient and labor-intensive market of U.S. private small and medium-sized businesses (the "lower middle-market"), is
Today, Goldman Sachs (NYSE:GS) is recognizing Flock Freight® Founder and CEO, Oren Zaslansky, as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Zaslansky from multiple industries to be honored at the two-day event. Oren Zaslansky is the founder and CEO of Flock Freight, a FreightTech company creating a smarter, more sustainable supply chain in today's $8.2 trillion global transportation and logistics industry. Raised by parents who worked for a van line and later started their own freight forwarding companies, Oren has deep-seated roots in logistics and entrepreneurship. At 21, he founded a 125-truc
Former Goldman Sachs Partner to Assume Role of Chief Operating Officer on January 1 Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointment of Heather Kennedy Miner as Managing Director. Ms. Miner will assume the role of Chief Operating Officer effective January 1, 2023, with responsibility for driving Advent's operations globally, including executing the firm's strategic growth initiatives, overseeing marketing and communications, and delivering on talent development priorities. Ms. Miner joins Advent from Goldman Sachs (NYSE:GS), where she held a number of leadership positions during her nearly two-decade
The Board of Directors of The Goldman Sachs Group, Inc. (NYSE:GS) today announced the appointment of Kevin R. Johnson as an independent director of the firm, effective October 26, 2022. Mr. Johnson will also become a member of each of the firm's Governance, Compensation and Risk Committees. Mr. Johnson retired in April 2022 as the President and Chief Executive Officer of Starbucks Corporation, a role he had held since April 2017. Previously, he served as President and Chief Operating Officer of Starbucks from March 2015 after serving as an independent director on Starbucks' board of directors since 2009. From September 2008 to January 2014, Mr. Johnson served as Chief Executive Officer of
Eagle Global ("Eagle"), a women and minority-owned distributed gaming provider based in Georgia, today announced that it has more than doubled the size of its business and expanded its executive team. Within the past six months, Eagle has doubled its customer base through a combination of M&A and organic growth, expanded its value proposition, and grown employee count. This continued momentum speaks to the significant market opportunity and demand for the right partner from current and future customers who share Eagle's values and focus on compliance. "Over the past six months, we have focused heavily on institutionalizing the business, our compliance processes and customer service, all of
LONDON and NEW YORK, April 19, 2021 /PRNewswire/ -- DirectBooks™, the capital markets consortium founded to optimize global financing markets, today announced the launch of Euro and Sterling Investment Grade deal announcements on the DirectBooks platform. The DirectBooks platform launched in Q4 2020 with deal announcement functionality for U.S. Dollar Investment Grade issuances globally, with a common set of structured deal data and document access for institutional investors. As part of its European expansion, DirectBooks also announced the appointment of Duncan Phillips as
Seaport Research Partners downgraded Goldman Sachs from Buy to Neutral
Argus upgraded Goldman Sachs from Hold to Buy and set a new price target of $465.00
Daiwa Securities upgraded Goldman Sachs from Neutral to Outperform and set a new price target of $430.00 from $410.00 previously
Edward Jones initiated coverage of Goldman Sachs with a rating of Buy
Morgan Stanley upgraded Goldman Sachs from Equal-Weight to Overweight and set a new price target of $449.00 from $333.00 previously
BMO Capital Markets reiterated coverage of Goldman Sachs with a rating of Market Perform and set a new price target of $360.00 from $357.00 previously
BMO Capital Markets downgraded Goldman Sachs from Outperform to Market Perform and set a new price target of $357.00 from $421.00 previously
HSBC Securities initiated coverage of Goldman Sachs with a rating of Buy and set a new price target of $403.00
Atlantic Equities upgraded Goldman Sachs from Underweight to Neutral and set a new price target of $351.00 from $330.00 previously
Citigroup downgraded Goldman Sachs from Buy to Neutral and set a new price target of $400.00 from $370.00 previously
220 MW Texas facility expected to begin operation in summer 2025 GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that construction is underway for its 220 MW, 440 MWh battery facility in Galveston County, Texas. The Hidden Lakes Reliability Project (formerly called Evelyn Energy Storage) is expected to begin operations in the summer of 2025. "Battery energy storage is a safe, reliable solution to meeting fast-growing demands for power in the greater Houston area," said Chris Taylor, CEO of GridStor. "Hidden Lakes will bolster the electric supply in Texas, providing energy that stabilizes the power grid and contributes to meeting the hour
LARKSPUR, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Virtú Investments ("Virtú"), a multifamily real estate investment firm primarily engaged in the acquisition and management of apartments in the western United States, today announced it has acquired Skyglass Tower, a brand-new Class A, 338-unit, 31-story multifamily tower located in downtown Seattle, WA. Completed in 2024, the LEED Gold, glass-paneled high-rise in the South Lake Union neighborhood is comprised of luxury studio and 1-3 bedroom units, three floors of underground parking, as well as retail space at ground level. Additional features include a rooftop green space, gym, a lobby with high-end finishes, and views of the Space
Goldman Sachs Asset Management ("GSAM"), the investment adviser for the Goldman Sachs Defensive Equity ETF (the "Fund"), is updating the plan of liquidation (the "Plan") for the Fund. Under the Plan, which was originally announced June 12th, 2024, the Fund will begin the process of liquidating portfolio assets and unwinding its affairs in an orderly fashion over time. The Plan is not subject to shareholder approval. Under the updated timeline, shareholders of the Fund may sell their shares on the Fund's listing exchange, NYSE Arca, Inc. ("NYSE Arca"), until market close on July 3, 2024 and may incur transaction fees from their broker-dealer. The Fund's shares will no longer trade on NYSE
Goldman Sachs Asset Management ("GSAM"), the investment adviser for the Goldman Sachs Defensive Equity ETF (the "Fund"), announced today that the Fund's Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation (the "Plan") for the Fund. Under the Plan, which is effective today, the Fund will begin the process of liquidating portfolio assets and unwinding its affairs in an orderly fashion over time. The Plan is not subject to shareholder approval. Shareholders of the Fund may sell their shares on the Fund's listing exchange, NYSE Arca, Inc. ("NYSE Arca"), until market close on July 12, 2024 and may incur transaction fees from their broker-dealer. The Fund's shar
Kennedy Lewis Investment Management ("Kennedy Lewis"), a leading opportunistic credit manager, today announced that Petershill at Goldman Sachs Asset Management ("Petershill") has made a passive, minority investment in the firm. The transaction will provide Kennedy Lewis with additional resources to further align its interests with clients and accelerate investment in the business, including by continuing to attract best-in-class professionals to the firm. The investment from Petershill will have no impact on Kennedy Lewis' investment process, management, or day-to-day operations. In conjunction with the investment from Petershill, Azimut Alternative Capital Partners, LLC ("AACP") will di
450 MW / 900 MWh Texas acquisition expected to begin construction as early as Summer 2024 GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it has acquired an up to 450 MW / 900 MWh project in Galveston County, Texas from Balanced Rock Power. The Evelyn Battery Energy Storage project, which is slated to begin construction in Summer 2024, has an anticipated on-line date of Spring 2025. The project is scheduled to go online at a critical time for Texas. The Electric Reliability Council of Texas (ERCOT) recently forecasted that summer peak power demand in the state will increase by another 5,000 MW by the end of the decade, with the po
Goldman Sachs Asset Management L.P. ("GSAM"), the investment adviser for the Goldman Sachs ActiveBeta® Paris-Aligned Climate U.S. Large Cap Equity ETF (the "Fund"), announced today that the Fund's Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation (the "Plan") for the Fund. Under the Plan, which is effective today, the Fund will begin the process of liquidating portfolio assets and unwinding its affairs in an orderly fashion over time. The Plan is not subject to shareholder approval. Shareholders of the Fund may sell their shares on the Fund's listing exchange, Cboe BZX Exchange, Inc. ("Cboe"), until market close on January 12, 2024, and may incur transac
Burkhartsmeyer joins GridStor with more than 25 years of financial and operational experience in the utility and renewable energy sectors GridStor, a developer and operator of grid-scale battery energy storage systems, announced today that Frank Burkhartsmeyer has been appointed as the company's chief financial officer (CFO), effective August 28. Burkhartsmeyer has more than 25 years of financial and operational experience in the utility and renewable energy development sectors, including most recently as executive vice president of strategy and business development and CFO at NW Natural (NYSE:NWN), a natural gas distributor. "Frank is a proven finance leader who brings to GridStor a 25
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company"))), an asset manager focused on the real estate and financial services industry, has announced the purchase of $1.4bn of prime unsecured consumer loans from The Goldman Sachs Group, Inc. (NYSE:GS), a leading global financial institution. The portfolio was originated and serviced by Goldman Sachs through the Marcus program. The pool represents a portion of the broader Marcus portfolio that was previously owned and held on balance sheet by Goldman Sachs. The pool is comprised of 100% fixed-rate closed-end installment loans in which ~95% of the pool was originated between 2021 Q4 and 2022 Q4 from the post-COVID demand boost. Ac
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, JAPAN, HONG KONG, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. OSLO, Norway, July 14, 2023 /PRNewswire/ -- Kahoot! ASA ("Kahoot!") today announces an agreement for a recommended voluntary all cash offer from the Private Equity business within Goldman Sachs Asset Management, with co-investors General Atlantic FT B.V. ("General Atlantic"), KIRKBI Invest A/S ("KIRKBI"), Glitrafjord AS and certain other investors and management shareholders ("the Co-Investors", and collectively with funds managed
Funds Will be Used to Fuel the Transformation of Kubernetes Management at Scale Across Data Centers, Cloud, and the Edge Spectro Cloud has Grown Annual Recurring Revenue (ARR) by Triple Digits Year-over-Year for Three Consecutive Years Spectro Cloud, a leader in modern multi-cluster Kubernetes management at scale across a variety of deployment environments, including on-premises hardware, single and multi-cloud, and the edge, today announced it has completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors. The investment comes at a turning point of complexity in the IT industry, with the evo
Goldman Sachs to acquire majority stake from Morgan Stanley Capital Partners and other existing investors Sila Services ("Sila"), a leading provider of HVAC, plumbing and electrical services, today announced that the Private Equity business at Goldman Sachs Alternatives ("Goldman Sachs") will acquire a majority stake in the company from affiliates of Morgan Stanley Capital Partners ("MSCP"), subject to obtaining customary regulatory approvals. As part of the transaction, Sila management will continue to lead the Company and retain a significant minority stake. Financial details of the transaction were not disclosed. Headquartered in King of Prussia, Pennsylvania, Sila is a leading U.S.
SAN FRANCISCO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Simbe, a leading provider of Store Intelligence™ solutions, today announced the closing of a $50 million Series C equity financing round led by Growth Equity at Goldman Sachs Alternatives ("Goldman Sachs"), with participation from Eclipse and Valo Ventures and other existing investors. Since raising its Series B in July 2023, Simbe has achieved significant momentum and milestones such as introducing multiple capabilities and securing numerous new and expanded partnerships across various retail sectors. The new capital, which brings the total amount raised by Simbe to over $100 million, will be used to meet surging demand for retail technolog
Sheldon Kimber recognized as one of Goldman Sachs' Most Exceptional Entrepreneurs at 2024 Builders and Innovators Summit On October 16, Goldman Sachs (NYSE:GS) recognized Sheldon Kimber, CEO and Founder of Intersect Power, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Kimber from multiple industries to be honored at the two-day event. Kimber leads Intersect Power, a clean energy company that develops, owns, and operates some of the world's largest clean energy resources. Kimber has over 20 years of experience in energy and finance, development, and entrepreneurship. Under his leadership, Interse
Jason Zintak Among the Most Exceptional Entrepreneurs at the 2024 Builders and Innovators Summit 6sense®, the leading platform revolutionizing B2B revenue generation, today announced that Goldman Sachs (NYSE:GS) has recognized 6sense CEO Jason Zintak as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. This is the second time Goldman Sachs has selected Zintak as an honoree amongst leaders from multiple industries. He is an accomplished leader with a strong track record of successfully scaling marketing and sales teams in growth-stage B2B software companies. He is passionate about creating a culture of innovation and prioriti
Dr. Jonathan Leary, Founder and CEO, Among the Most Exceptional Entrepreneurs at 2024 Builders and Innovators Summit Last week, Goldman Sachs (NYSE:GS) recognized Dr. Jonathan Leary, Founder and CEO of Remedy Place, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Dr. Jonathan Leary from multiple industries to be honored at the two-day event. Dr. Jonathan Leary is the Founder and CEO of Remedy Place, the world's first Social Wellness Club®, with locations in New York and Los Angeles. Born out of a passion and promise to help as many people feel better as possible, Dr. Leary transitioned from his su
OBB Media Honored by Goldman Sachs for Entrepreneurship at 2024 Builders and Innovators Summit Today, Goldman Sachs (NYSE:GS) is recognizing Michael D. Ratner, Founder and CEO of OBB Media as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California Goldman Sachs selected Michael D. Ratner from multiple industries to be honored at the two-day event. Ratner is the Founder and CEO of OBB Media, a vertically integrated content studio defining how a new generation of viewers consumes programming. Ratner launched OBB Media in 2016 and has led the company through explosive growth, amassing an audience of billions. Ratner oversees all six v
CEO and Co-Founder Tony Smith Among the Most Exceptional Entrepreneurs at 2024 Builders and Innovators Summit IRVINE, Calif., Oct. 18, 2024 /PRNewswire/ -- Today, Goldman Sachs (NYSE:GS) is recognizing Restaurant365 CEO and Co-Founder Tony Smith as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Smith from multiple industries to be honored at the two-day event. Smith's career has centered on using software to solve business issues across the restaurant industry. As CEO and Co-Founder at R
CEO Ian Swanson among the most exceptional entrepreneurs at 2024 Builders and Innovators Summit Protect AI, the leading artificial intelligence (AI) and machine learning (ML) security company, today announced that Goldman Sachs (NYSE:GS) has recognized Ian Swanson, CEO of Protect AI as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Ian Swanson from multiple industries to be honored at the two-day event. He is the Co-Founder and CEO of Protect AI, a leading AI and machine learning security company focused on securing AI-driven systems against emerging threats and vulnerabilities. Under his leadership
SAN FRANCISCO, Oct. 17, 2024 /PRNewswire/ -- Augusto Marietti, the CEO and co-founder of Kong Inc., a leading developer of cloud API technologies, was recognized once again by Goldman Sachs (NYSE:GS) as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Mr. Marietti from multiple industries to be honored at the two-day event. Mr. Marietti is an inventor, technology entrepreneur, and angel investor. As the CEO and co-founder of Kong, he drives the company's vision, strategy, and long-term gro
The Goldman Sachs Group, Inc. (NYSE:GS) shares are trading marginally lower today. The company’s alternative investments platform reportedly acquired seven logistics properties in Australia to expand its real estate portfolio for an undisclosed amount. Goldman Sachs Alternatives acquired “last-mile” properties in Adelaide, Brisbane, Perth, and Melbourne, leased to e-commerce, transport, and wholesale distributors, Reuters reported. Last-mile logistics assets, typically urban warehouses, facilitate final delivery processing before reaching end-users. Also Read: Goldman Sachs To Launch 3 Tokenization Projects That ‘Will Change The Nature Of Investment’ The report quoted Nikhil Redd
About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate of the market, which has seen a steep pullback in the recent week. The Week That Was: The tech earnings season had a modest start last week with the earnings report from chip-equipment maker ASML Holding N.V. (NASDAQ:ASML). The stock slumped about 16%, dragged by its weak third-quarter outlook and geopolitical concerns surrounding the China chip ban. Netflix, Inc.’s (NASDAQ:NFLX) guidance disappointe
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stock is trading lower Friday after the company’a update caused an outage, impacting businesses across the world. The Details: An update to one of CrowdStrike’s services caused Microsoft Corp. (NASDAQ:MSFT) Windows PCs to crash and display a blue screen. At around 5:45 AM EST, CrowdStrike CEO George Kurtz posted on X that the company is working with customers effected by, “a defect found in a single content update for Windows hosts.” The CEO stated that it is not a security issue, the problem has been identified and the company is working to resolve it. According to Reuters, the CrowdStrike related outage has caused issues with U.S Edgar Onli
The Goldman Sachs Group, Inc. (NYSE:GS) reportedly made several senior leadership appointments within its investment banking team. The company appointed former JPMorgan Chase & Co. (NYSE:JPM) banker Carsten Woehrn as joint co-head of M&A in EMEA to “grow and develop our European franchise,” reported Reuters. Woehrn previously led JPMorgan’s Infrastructure M&A franchise in Europe, specializing in healthcare, energy, and transportation transactions. As per the report, Goldman Sachs has appointed Nimesh Khiroya as co-head of M&A in EMEA. He will continue his role as co-head of UK Investment Banking while previously leading activism and shareholder advisory in EMEA and Nordic M&A.
The Goldman Sachs Group, Inc. (NYSE:GS) shares are trading lower today. Goldman Sachs Asset Management and Betterment jointly introduced the Goldman Sachs Tax-Smart Bonds portfolio. Goldman Sachs has developed a strategy by combining short-duration U.S. Treasury bonds, high-quality corporate bonds, and municipal bond ETFs. Read: Goldman Sachs Targets Asia’s Fast-Growing Economies With New $2B Private Equity Fund: Report This portfolio leverages Goldman Sachs’ expertise in bond markets and Betterment’s automation. The Goldman Sachs Tax-Smart Bonds portfolio is tailored for clients in higher tax brackets seeking a lower-risk bond strategy compared to equities. This approach ada
On Monday, bank earnings continued with The Goldman Sachs Group Inc (NYSE:GS), also joining the trend of topped profit and revenue estimates on the back of better-than-expected fixed income results and smaller-than-expected loan loss provisions. On Tuesday, Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC) boarded the bank earnings train. Morgan Stanley topped profit and revenue estimates with its second quarter financials on the back of stronger-than-expected trading and investment banking performance. Bank of America also topped estimates with second-quarter revenue and profit that were fueled by rising investment banking and asset management fees. Goldman Sachs Justified The High E
Financial giants have made a conspicuous bearish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr (NYSE:GS) revealed 58 unusual trades. Delving into the details, we found 37% of traders were bullish, while 48% showed bearish tendencies. Out of all the trades we spotted, 16 were puts, with a value of $1,255,861, and 42 were calls, valued at $5,818,321. What's The Price Target? Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $600.0 for Goldman Sachs Gr over the recent three months. Analyzing Volume & Open Interest Examining the volume and open interest provides crucial insights in
BMO Capital analyst James Fotheringham maintains Goldman Sachs Gr (NYSE:GS) with a Market Perform and raises the price target from $360 to $373.
On CNBC's “Halftime Report Final Trades,” Rob Sechan of NewEdge Wealth picked Deckers Outdoor Corporation (NYSE:DECK). He said we bought the stock in mid-May, which surged up to $1,100, but now has fallen to $900. “I think you have another chance to buy it,” he added. Deckers Brands scheduled a conference call to review first quarter fiscal 2025 results for Thursday, July 25. The Goleta, California-based company plans to post quarterly earnings of $3.42 per share, up from $2.41 per share in the year-ago period. Analysts expect the company to post revenue of $804.65 million for the quarter. Jason Snipe of Odyssey Capital Advisors said he likes The Goldman Sachs Group, Inc. (NYSE:GS) her