UBS analyst Brennan Hawken raised the firm’s price target on Goldman Sachs to $535 from $490 and keeps a Buy rating on the shares. Data points continue to support a cap markets recovery, while wealth management multiples have recovered, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GS:
- TAIT announces equity investment from Goldman Sachs Alternatives’ Private Equity Business
- AI Could Revolutionize Drug Discovery: A Look at Key Players
- Bank Stress Test: Goldman Sachs (NYSE:GS) Unlikely to Change Fed’s Opinion
- Unusually active option classes on open July 3rd
- India’s Debut on JPMorgan’s (NYSE:JPM) Index Is a Game Changer