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GS

Goldman Sachs

$229.26

0.66 (0.29%)

07:42
07/18/17
07/18
07:42
07/18/17
07:42

Goldman Sachs reports Q2 Investment Management revenues of $1.53B

Net revenues in Investment Management were $1.53B for the second quarter, 13% higher than the second quarter of 2016 and 2% higher than the first quarter of 2017. The increase in net revenues compared with the second quarter of 2016 was due to higher management and other fees, primarily reflecting higher average assets under supervision, as well as higher incentive fees and transaction revenues.

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  • 17

    Oct

GS Goldman Sachs
$229.26

0.66 (0.29%)

04/20/17
04/20/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Starbucks (SBUX) upgraded to Buy from Hold at Stifel with analyst Mark Astrachan saying he views valuation as attractive and expects multiple expansion from accelerating U.S. comparable store sales growth to at least 5%-6% for the next four quarters starting in the June quarter. The analyst said shares have underperformed consumer and restaurant peers over the past 12 months and expects outperformance to be driven by meeting comp expectations. 2. Goldman Sachs (GS) upgraded to Overweight from Neutral at Atlantic Equities with analyst Christopher Wheeler telling investors investors shares are "oversold." The analyst expects the FICC business to bounce back and made just a small reduction in estimates to account for further cost measures. 3. Lear (LEA) upgraded to Outperform from Neutral at Baird with analyst David Leiker citing its recent underperformance despite improving fundamentals and a strong global auto backdrop. Leiker raised his price target to $161 from $160 on Lear shares. 4. Discovery (DISCA) upgraded to Neutral from Sell at Citi with analyst Jason Bazinet saying he sees little chance of material downward revisions to consensus earnings estimates. The analyst views the risk/reward as more balanced at current levels and upped his price target for the shares to $30 from $27. 5. Gap (GPS) upgraded to Neutral from Underweight at JPMorgan with analyst Matthew Boss citing the underperformance of the shares over the past 18 months and his fieldwork which suggests stability at Old Navy. The analyst raised his price target for the shares to $24 from $21. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/02/17
NOMU
06/02/17
NO CHANGE
NOMU
Goldman Sachs, Morgan Stanley Q2 EPS estimates lowered at Nomura Instinet
Nomura Instinet analyst Steven Chubak cut his Q2 EPS estimate for Goldman Sachs (GS) to $3.50 from $4.04 and lowered his Q2 EPS estimate for Morgan Stanley (MS) to 77c from 86c. The consensus EPS estimates for Goldman and Morgan Stanley are $3.92 and 84c, respectively. Chubak says that Goldman has been hurt by "weaker trading and more pronounced (investment banking) declines," while Morgan Stanley is experiencing "softer" investment banking results and "more pronounced quarter-over-quarter" fixed income declines. He keeps a Neutral rating on Goldman and a Buy rating on Morgan stanley.
06/09/17
RBCM
06/09/17
NO CHANGE
RBCM
House financial reform bill unlikely to advance in Senate, says RBC Capital
RBC Capital analyst Gerard Cassidy says that the financial regulation reform bill passed yesterday by the House would help the banking sector but probably won;t be passed by the Senate. Large publicly traded banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
06/28/17
FBCO
06/28/17
NO CHANGE
Target $240
FBCO
Outperform
Goldman Sachs price target raised to $240 from $230 at Credit Suisse
Credit Suisse analyst Susan Roth Katzke lowered her 2017 estimates for Goldman Sachs to reflect the current low volume/low volatility trading environment. However, assuming capital markets growth follows macroeconomic growth and the company realizes incremental operating leverage, she increased her 2018 and 2019 estimates for Goldman. Katzke increased her price target on Goldman shares to $240 from $230 and keeps an Outperform rating on the stock.

TODAY'S FREE FLY STORIES

ALL

Allstate

$92.73

1.48 (1.62%)

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Hot Stocks
Allstate announces expansion of ride-hailing coverage »

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HUBG

Hub Group

$39.50

0.35 (0.89%)

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Initiation
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TEAM

Atlassian

08:29
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Atlassian analyst commentary  »

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GPC

Genuine Parts

$89.71

-8.33 (-8.50%)

08:27
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Genuine Parts analyst commentary  »

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BOJA

Bojangles

$12.50

0.1 (0.81%)

08:26
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08:26
Downgrade
Bojangles rating change  »

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  • 01

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TEAM

Atlassian

$40.25

0.44 (1.11%)

08:25
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AGN

Allergan

$189.27

2.12 (1.13%)

08:25
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Allergan analyst commentary  »

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08:25
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General news
Fed funds futures are lower as safe haven flows unwind as risk appetite jumps »

Fed funds futures are…

WBC

Wabco

$155.08

6.01 (4.03%)

08:23
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08:23
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UAL

United Continental

$59.78

-8.21 (-12.08%)

08:22
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10/20
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United Continental analyst commentary  »

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ENBL

Enable Midstream

$15.60

0.06 (0.39%)

08:22
10/20/17
10/20
08:22
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08:22
Downgrade
Enable Midstream rating change  »

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  • 01

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$DJT

DJ Transportation Average

08:22
10/20/17
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Technical Analysis
DJ Transportation Average: Pivot points »

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$DJU

DJ Utility Average

08:21
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Technical Analysis
DJ Utility Average: Pivot points »

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DJX

Dow Jones Industrial Average

08:21
10/20/17
10/20
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Technical Analysis
Dow Jones Industrial Average: Pivot points »

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IYT

iShares Transportation Average

$177.87

-0.23 (-0.13%)

08:21
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Technical Analysis
iShares Transportation Average: Pivot points »

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XLK

Technology Select Sector SPDR

$60.69

-0.18 (-0.30%)

08:20
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Technical Analysis
Technology Select Sector SPDR: Pivot points »

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XLE

Energy Select Sector SPDR

$67.64

-0.21 (-0.31%)

08:20
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Technical Analysis
Energy Select Sector SPDR: Pivot points »

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XLY

Consumer Discretionary Sector SPDR

08:20
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Technical Analysis
Consumer Discretionary Sector SPDR: Pivot points »

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08:20
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Canada CPI preview »

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XLB

S&P Select Materials SPDR

$58.24

0.22 (0.38%)

08:19
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Technical Analysis
S&P Select Materials SPDR: Pivot points »

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XLU

Utilities SPDR

$54.82

0.57 (1.05%)

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Technical Analysis
Utilities SPDR: Pivot points »

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XLP

Consumer Staples Sector SPDR

$54.03

-0.29 (-0.53%)

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Technical Analysis
Consumer Staples Sector SPDR: Pivot points »

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SKX

Skechers

$24.03

-1.06 (-4.22%)

08:18
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XLV

Health Care Select Sector SPDR

$83.79

0.51 (0.61%)

08:18
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Technical Analysis
Health Care Select Sector SPDR: Pivot points »

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IWM

iShares Trust Russell 2000 Index Fund

$149.29

-0.23 (-0.15%)

08:18
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Technical Analysis
iShares Trust Russell 2000 Index Fund: Pivot points »

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