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0 0 0.000474383301707685 0.000474383301707685 -0.000474383301707854 0.00569259962049324 0.0047438330170777 0.0047438330170777
Stock impact report

Goldman Sachs Maintains a Buy on Barclays PLC (BCS), Raises PT [Yahoo! Finance]

Barclays PLC (BCS) 
Company Research Source: Yahoo! Finance
Sachs maintained a Buy rating on Barclays PLC (NYSE:BCS) and raised the price target from p550 to p590. ?The analyst said in a research note that he sees Barclays and other European banks as attractive in terms of valuations relative to the risks. He noted that the recent declines in the sector due to fears of AI disruptions, private credit risks, and Middle East tensions are overblown compared to the limited impact on earnings. ?He highlighted that geopolitically driven credit losses are expected to be offset by higher net interest income from elevated rates. Moreover, Hallam noted that Barclays and its peers trade at a discount to US banks and offer double-digit earnings growth potential despite risks. He highlighted that the bank now relies less on traditional lending, with diversified revenue streams and robust capital buffers. ?Headquartered in London, Barclays PLC (NYSE:BCS) is a bank holding company that provides credit cards, retail banking, wealth management, and corpor Show less Read more
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