Morgan Stanley Upgrades Goldman Sachs Gr to Overweight, Raises Price Target to $449
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has upgraded Goldman Sachs Group (NYSE:GS) from Equal-Weight to Overweight and increased the price target from $333 to $449.
January 30, 2024 | 12:48 pm
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POSITIVE IMPACT
Goldman Sachs Group was upgraded by Morgan Stanley from Equal-Weight to Overweight with a price target raised to $449.
Upgrades by prominent analysts like Morgan Stanley can lead to increased investor confidence and a potential rise in stock price. The substantial increase in the price target suggests a positive outlook on the company's future performance, which could attract more investors in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100