Bank of America Securities issued a report stating that Goldman Sachs earned $8.4 per share in the third quarter, better than the bank's estimate of $7.13 and market expectations of $7.39, mainly driven by stronger capital market performance. Bank of America Securities raised Goldman Sachs' earnings estimates for the fourth quarter of FY2024 and FY2025 by 8.7% and 3.2%, respectively, to $8.09 and $41.68, respectively. The target price was raised from $563 to $575, with a “buy” rating.

Zhitongcaijing · 10/17 07:09
Bank of America Securities issued a report stating that Goldman Sachs earned $8.4 per share in the third quarter, better than the bank's estimate of $7.13 and market expectations of $7.39, mainly driven by stronger capital market performance. Bank of America Securities raised Goldman Sachs' earnings estimates for the fourth quarter of FY2024 and FY2025 by 8.7% and 3.2%, respectively, to $8.09 and $41.68, respectively. The target price was raised from $563 to $575, with a “buy” rating.