Goldman Sachs (GS) Tops Q1 EPS by 23c; Investment Banking Revenue Fell 23%
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Goldman Sachs (GS) PT Lowered to $200 at Nomura Post Q1; Keeps 'Buy'
April 20, 2016 8:47 AM EDTNomura Securities analyst Steven Chubak lowered his price target on Goldman Sachs (NYSE: GS) to $200.00 (from $206.00) following Q1 results but maintained a Buy rating.
commented, "GS reported 1Q16 EPS of $2.68 vs. our $2.81 and cons. of $2.48. Adjusting for specials, core EPS was closer to $2.23. The miss was largely revenue-driven, with weakness across Institutional Client... More
Dick Bove Says Goldman Sachs (GS) Needs to Change with the Times
April 19, 2016 12:34 PM EDTFollowing Goldman Sachs' (NYSE: GS) "very weak" first quarter earnings report, outspoken banking analyst Dick Bove of Rafferty Capital said it's time for the investment banking giant to make some transformational changes to its business.
While the analyst finds no fault with Goldmans... More
