Goldman Sachs (GS) Stock at Record 25 Years After IPO
The $Goldman Sachs(GS)$ Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations by 9.9% to hit US$14b.
Goldman Sachs Group also reported a statutory profit of US$11.58, which was an impressive 33% above what the analysts had forecast.
Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual.
So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
The $Goldman Sachs(GS)$ had its target price upped by Oppenheimer from $479.00 to $517.00 in a report released on Tuesday, Benzinga reports.
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