Meredith Whitney Upgrades Goldman Sachs (GS) to Buy

The advisory firm of notable bearish banking analyst Meredith Whitney, Meredith Whitney Advisory Group, upgraded Goldman Sachs (NYSE: GS) to Buy from Neutral with a $186 price target.

The upgraded comes just one day before earnings are due (July 14th). Meredith's price target represents 31% upside to Friday's close of $141.87.

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.

Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php

You May Also Be Interested In

• UPDATE: Williams Financial Group Upgrades Semtech Corp. (SMTC) to Buy; Check Again...Quarter Was Fairly Strong
• UPDATE: Nomura Securities Upgrades Central European Distribution (CEDC) to Neutral; Strategic Alliance with Russian Standard
• UPDATE: UBS Downgrades Wisconsin Energy (WEC) to Neutral; Taking Some Off The Table

Create E-mail Alert Related Categories

Trader Talk, Upgrades

Related Entities

UBS, Meredith Whitney

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?

Follow StreetInsider.com On Twitter