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Stock impact report

Argus Research Maintains Buy on Goldman Sachs (GS), Sets $1066 Target after Q1 [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Roman Tiraspolsky/Shutterstock.com On April 14, Argus Research maintained a Buy rating on The Goldman Sachs Group, Inc. (NYSE:GS). It also set a $1066 price target following its Q1 results. The firm pointed to strong activity in investment banking during the quarter. It noted that recent geopolitical events could slow momentum in the near term. Still, it expects a more durable rebound in the segment as CEO confidence improves and lower interest rates support more favorable financing conditions, the analyst said in a research note. Also on April 14, Reuters reported that Goldman Sachs' asset management division plans to launch its first cryptocurrency exchange-traded fund in the coming months, citing a filing with the U.S. Securities and Exchange Commission. The ETF is designed to provide exposure to bitcoin's price and generate income from bitcoin options transactions. The move comes shortly after Morgan Stanley introduced its own spot bitcoin fund, the Morgan Stanley Bitcoin Tru Show less Read more
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