- The shares of Goldman Sachs (NYSE: GS) have received a $418 price target from Morgan Stanley. These are the details.
The shares of Goldman Sachs (NYSE: GS) have received a $418 price target from Morgan Stanley. And Morgan Stanley analyst Betsy Graseck is maintaining an “Equal-Weight” rating on the shares.
Graseck adjusted the rating in a note in which the U.S. Banks and Consumer Finance team at Morgan Stanley wrote war changes everything. The Morgan Stanley team believes that higher for longer inflation increases credit risk, and an inverted curve could slow growth. And they shift their bear case to a recession, all of which led them to downgrade the industry view to an “In-Line” rating from an “Attractive” rating.
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