Jefferies Reiterates Buy Rating on Goldman Sachs (GS) Following Meetings

Jefferies analyst Daniel Fannon reiterated a Buy rating and $355.00 price target on Goldman Sachs (NYSE: GS) after meeting with CFO, Denis Coleman, and Co-Head of IB, Dan Dees.

The analyst commented, "With capital markets activity still subdued, global markets remains the standout segment as volatility and client engagement across FICC and equities is solid. Leading market share across the IB franchise positions GS well for when activity levels increase. Buybacks remain a priority as the company balances client-facing investments with increased capital return."

For an analyst ratings summary and ratings history on Goldman Sachs click here. For more ratings news on Goldman Sachs click here.

Shares of Goldman Sachs closed at $335.38 yesterday.

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