Market Overview

Goldman Sachs, Riding A Slide, Downgraded By Vetr


Goldman Sachs Group Inc. (NYSE: GS) despite the company’s shares trading up over five percent since the start of June entering Thursday’s open. That said, the Vetr community has downgraded the company from 3.5 stars to 3 stars. Goldman Sach’s first quarter earnings report in April showed decent misses on EPS and revenue estimates, yet the company has traded up about $10 in the following weeks.

See how crowdsourced ratings can help predict the market?

Vetr members have given Goldman Sachs a buy rating and a $233.49 price target. This price target is slightly higher than the $232.64 price target from Wall Street analysts. The company opened Thursday around $225.

Of all Vetr raters, about 55 percent believe traders and investors should buy Goldman Sachs stock.

For Vetr’s full analysis of Goldman Sachs, go here.

Posted-In: VetrCrowdsourcing General


Related Articles (GS)

View Comments and Join the Discussion!