Goldman Sachs Group is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, governments, and individuals. The company engages in various activities, including financial advisory services, underwriting of capital market transactions, asset management, and market making in securities and commodities. It is known for its expertise in mergers and acquisitions, risk management, and investment strategy, leveraging its extensive research capabilities and global reach to deliver innovative solutions in an ever-evolving financial landscape.
VF Corp delivered a strong Q3 performance, exceeding expectations, with significant improvements across all regions. Goldman Sachs analyst Brooke Roach reiterated a Neutral rating, raising the price target to $25.
Ray Dalio, founder of Bridgewater Associates, called for urgent measures to address the mounting U.S. federal debt crisis during an interview on The All-In Podcast, emphasizing the need to reduce the deficit to 3% of gross domestic product from its current level of nearly 7%.
ServiceNow remains a top-tier software leader with sustainable growth potential, according to Goldman Sachs analyst Kash Rangan. The company is expected to report strong subscription revenue growth and solid cRPO growth in FY24.
Goldman Sachs analyst Kash Rangan upgraded Twilio Inc to Buy, raising the price target from $77 to $185 ahead of FY24 Q4 results. With improvements in go-to-market strategies, product innovation, and cost-cutting efforts, Twilio is poised for strong free cash flow generation.
U.S. Vice President JD Vance acknowledged Sunday that Americans will need to wait before seeing relief from high grocery prices, despite the President Donald Trump administration's flurry of executive orders in its first week back in office.
Veeva's strong remote work policies are attracting top talent and boosting stock performance, contrasting with JPMorgan's return-to-office mandate amid employee backlash.
Goldman Sachs analyst cuts ExxonMobil price forecast due to mark-to-market commodity prices, but maintains Neutral rating. Q4 earnings expected on Jan 31, 2025.
Goldman Sachs analyst optimistic about cruise line industry after successful Q3. Royal Caribbean and Norwegian Cruise Line ratings and price targets lowered.
Shares of insurance industry-focused software maker Guidewire (NYSEGWRE) jumped 9.7% in the afternoon session after Goldman Sachs analyst Adam Hotchkiss initiated coverage of the stock with a Buy rating and a $210 price target. Hotchkiss thinks Guidewire's leadership in the key end markets and the momentum from customers migrating to the cloud should continue to support growth.
