Goldman Sachs Stock May Be Pricey But Its One Of The Cheapest Ways For Investing In Capital Markets: Analyst
1. KBW analyst raised GS price forecast to $690 from $686. 2. Goldman Sachs reported a 33% year-over-year increase in trading revenue. 3. Equity financing rose 16% quarter-over-quarter, showcasing growth. 4. Management fees reached $2.8 billion, surpassing estimates by $0.15 per share. 5. Strong demand for deal-making indicated by increasing backlog.