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Vetr Crowd Calls Sell After Goldman Sachs Rally

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The Vetr crowd downgraded their rating for Goldman Sachs Group Inc (NYSE: GS) on Tuesday, from 3 stars (Hold), issued four days ago, to 2 stars. Crowd sentiment for the stock is mostly cautious, with 70 percent of vetr user ratings bearish.

Following the surprising result of the U.S. election and the ensuing promise of changes to banking regulations, the financial sector saw some of the steepest gains during the recent market rally. However, that rally seemed to slow in the latter half of December, where Goldman Sachs has remained at around the $240 mark after climbing over 37 percent in the previous 30 days.

The Vetr crowd weren't the only ones to notice Goldman Sachs slowdown. Analysts at Atlantic Equities also downgraded its rating for Goldman Sachs on December 21, from Overweight to Neutral.

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Currently, the Vetr crowd's average target price for the stock is down at $219.84, which is above the average analyst target price of $197.52. Less than 2 percent of Vetr users are holding GS in their watch lists.

Latest Ratings for GS

DateFirmActionFromTo
Apr 2019UpgradesSellHold
Apr 2019MaintainsEqual-WeightEqual-Weight
Apr 2019MaintainsMarket PerformMarket Perform

View More Analyst Ratings for GS
View the Latest Analyst Ratings

Posted-In: VetrDowngrades Crowdsourcing Analyst Ratings

 

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