Goldman Sachs Price Target Raised to $1,050 as Investment Banking Revenue Set to Rebound 20%
BofA raised Goldman Sachs’ price target to $1,050 from $900, kept a Buy rating and forecasts a 20% rebound in investment banking revenue for FY26. Analyst projects ROTCE 19% and efficiency ratio 60% by FY27, but warns CEO faces earnings volatility after a 56% EPS decline from 2021 to 2023.
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