markets · · seekingalpha.com
Goldman Sachs: Undervalued Growth With A Buy Rating
I initiate coverage of Goldman Sachs with a Buy rating and a $1,116 price target, implying 27% upside from $881. GS is transitioning toward more durable, recurring revenues, now accounting for 45% of YTD revenue, supporting a premium valuation. Investment banking, institutional financing, and asset management are driving robust EPS growth, with 2027 EPS estimated at $82.69.
I initiate coverage of Goldman Sachs with a Buy rating and a $1,116 price target, implying 27% upside from $881. GS is transitioning toward more durable, recurring revenues, now accounting for 45% of YTD revenue, supporting a premium valuation. Investment banking, institutional financing, and asset management are driving robust EPS growth, with 2027 EPS estimated at $82.69.
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