Credit Suisse Nearly Doubles EPS Estimate for Goldman Sachs' Q4
Credit Suisse's Howard Chen raised his Q4 earnings estimate on Goldman Sachs (NYSE: GS) from $2.50/share previously to $4.60/share. The analyst cited a "stronger finish" for stocks, investment banking and lending contributions. Chen also touted Goldman's capital management discipline.
Credit Suisse maintains shares of Goldman Sachs at Outperform with a $145 price target.
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