In a note out today, MKM Partners initiated coverage of Goldman Sachs GS with a Buy Rating and $213 Price Target.
Some of the key takeaways from the note from MKM:
-Bruised But Not Beaten: Goldman became a target of anger over the financial crisis, but the negative media attacks are dissipating.
-Earnings Quality Improving
-Trading: We Suspect Activity is at a Trough
-Investment Management: Steady Long-Term Growth
-Solid Earnings Growth. On balance, we see 20% EPS growth in 2015, on 8% top-line growth, buybacks and efficiency gains
Shares of GS closed slightly higher, up 0.02 percent to 177.90, 19.3 percent below the MKM price target of 213.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in