JP Morgan Maintains Overweight on Goldman Sachs Gr, Raises Price Target to $421
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kian Abouhossein maintains an Overweight rating on Goldman Sachs Group (NYSE:GS) and increases the price target from $398 to $421.
January 09, 2024 | 2:25 pm
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POSITIVE IMPACT
JP Morgan analyst Kian Abouhossein reaffirmed an Overweight rating on Goldman Sachs and raised the price target to $421.
The increase in price target by a reputable analyst like Kian Abouhossein from JP Morgan is a strong positive signal for Goldman Sachs, suggesting a bullish outlook on the stock's value in the short term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100