Goldman Sachs price target raised to $440 from $435 at Evercore ISI

Evercore ISI raised the firm’s price target on Goldman Sachs to $440 from $435 and keeps an Outperform rating on the shares following what the firm describes as a “straight up strong quarter with a more optimistic outlook on activity and continued progress on the company’s multiple strategic initiatives.” While the firm adds it does not want to “get too excited about an active 1st quarter that might have pulled forward some activity,” Evercore says “it definitely feels” like Goldman “got more than their typical share.”