GS Stock: $400 Target (Up From $338) By JMP Securities

By Amit Chowdhry ● April 11, 2021
  • The shares of Goldman Sachs Group Inc (NYSE: GS) have received a price target increase from $338 to $400. These are the details.

The shares of Goldman Sachs Group Inc (NYSE: GS) have received a price target increase from $338 to $400. And JMP Securities analyst Devin Ryan is maintaining an “Outperform” rating on the company shares.

Ryan upgraded the Goldman Sachs shares as part of a broader research note covering investment banks, brokers, and asset managers. And Ryan noted that Goldman Sachs has been taking market share and driving its Capital Markets baseline.

Ryan pointed out that Goldman Sachs is starting from a smaller base in newer businesses. But Goldman Sachs has the resources required to succeed.

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