Goldman Sachs profit soars on bond-trading surge
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
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- Fannie Mae loses at least 10 senior executives amid departures - WSJ
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- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
Goldman Sachs (GS) PT Raised to $256.00 at Oppenheimer Following 4Q Report
January 19, 2017 9:55 AM ESTOppenheimer raised its price target on Goldman Sachs (NYSE: GS) to $256.00 (from $252.00) while maintaining a Outperform rating. GS reported 4Q16 EPS of $5.08, slightly ahead of consensus of $4.76.
Analyst Chris Kotowski commented, "GS reported 4Q16 EPS of $5.08, in line with our $5.10 and slightly ahead... More
UBS Cuts Price Target on Morgan Stanley (MS) to $49; Reiterates Buy
January 18, 2017 9:51 AM ESTUBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $49.00 (from $50.00). UBS cut 2017/2018 EPS estimates by 5c each to $3.45 and $3.95 primarily on a slightly higher tax rate... More
