Displaying items by tag: Goldman Sachs

(New York)

The recent market turmoil has made some investors skittish over what to do in the stock market. But…see the full story on our partner Magnifi’s site

(New York)

General Electric is a withered giant. Sure, it has ridden the comeback since the start of the pandemic, but it's so far off the $30 price tag of five years ago. However, Goldman Sachs sees a better future in the tea leaves for GE. In a memo to investors, Goldman set a $16 price target for GE and sees it as a ‘self-help’ success story. Goldman alludes to the repaired finances and leverage under the CEO Larry Gulp. Additionally, a global recovery, higher energy consumption, and better margins could push their stock higher, potentially a $20 price target. Earning projections remain strong for GE through the end of the year.

FINSUM: General electric is in a solid cheap position and Goldman might have been on to something as the stock lifted to $13 early in the week.

(New York)

Stock and commodity prices have been all over the place of late…see the full story on our partner Magnifi’s site

(New York)

Goldman Sachs released a key report to its clients this week detailing…see the full story on our partner Magnifi’s site

(New York)

Q1 Earnings are starting to roll in for many companies and this presents an opportunity…see the full story on our partner Magnifi’s site