Goldman Sachs Likely To Report Lower Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Goldman Sachs (GS) is expected to report lower Q3 earnings at $5.31 per share, down from $8.25 per share a year ago. The company's revenue might come in at $11.14 billion, compared to $11.97 billion in the year-ago period. Several analysts have recently adjusted their price targets for GS, with changes ranging from a decrease to $380 to an increase to $411.
October 17, 2023 | 6:54 am
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Goldman Sachs is expected to report lower Q3 earnings, which could negatively impact its stock price. However, analysts' price target adjustments suggest mixed expectations.
The expected decrease in earnings could negatively impact investor sentiment and drive the stock price down. However, the mixed price target adjustments by analysts indicate varying expectations, which could lead to volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100