Goldman Sachs' Q3 Report Impresses Analysts With Strong Investment Banking, Trading Revenues
Portfolio Pulse from Priya Nigam
Goldman Sachs reported strong Q3 earnings, driven by investment banking and trading revenues, leading to positive analyst reactions and increased price targets.

October 16, 2024 | 5:24 pm
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Goldman Sachs reported strong Q3 earnings, beating expectations with $8.40 per share against a consensus of $6.89. The results were driven by robust investment banking and trading revenues, leading analysts to raise price targets.
Goldman Sachs' strong Q3 earnings, driven by investment banking and trading revenues, exceeded analyst expectations. This led to increased price targets from analysts, indicating a positive short-term impact on the stock price.
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IMPORTANCE 90
RELEVANCE 100