Bove Said Goldman Sachs (GS) Could Have Seasonally Weak Q3
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Rochdale Securities bank analyst Dick Bove said Goldman Sachs' (NYSE: GS) third quarter results could be seasonally weak. Bove said he expects Goldman's underwriting revenue to decline in the quarter. Despite this, Bove maintained his Buy rating on the stock.
The Goldman Sachs Group, Inc., together with its subsidiaries, provides various investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.
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gecko on Oct 7, 2009 04:51 PMGS might have correction about 20% drop. No stock can go up straight 6 months with high end cycle.