Wells Fargo Maintains Overweight on Goldman Sachs Gr, Raises Price Target to $504
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Overweight rating on Goldman Sachs Group (NYSE:GS) and increased the price target from $450 to $504.
May 07, 2024 | 5:03 pm
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POSITIVE IMPACT
Wells Fargo analyst Mike Mayo has reaffirmed an Overweight rating on Goldman Sachs and raised the price target to $504.
The increase in price target by a reputable analyst like Mike Mayo signals a strong confidence in Goldman Sachs' future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100