Friday, June 29, 2012

Maybe Goldman Won't Be Going Private: "S&P Capital lifts Goldman to buy from hold" (GS)

When we posted "Time For Goldman to Go Private (GS)" the stock was at $90.95. Right now it's changing hands for $95.38. That's a decent move in 96 hours.
From MarketWatch:
Analysts at S&P Capital on Friday upgraded Goldman Sachs Group Inc. GS +1.99% shares to buy from hold but trimmed their price target for the Wall Street investment bank to $115 a share from $130. "Our buy opinion is based on our expectation of improving capital markets in the second half of 2012 continuing into 2013, with Goldman Sachs gaining share," the company said.