10:55 AM EDT, 07/16/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

With stellar performance in the first half of 2025 and our positive outlook for the bank, we are raising our 12-month target price by $55 to $795. Our target is supported by a forward P/E on 2026 earnings estimate of 15.0x that is in line with the three-year historic average at 14.9x. We raise our 2025 EPS by $0.50 to $46.50 and 2026 by $3.00 to $53.00. We think GS share price with expected strong earnings ahead should grow into a P/E multiple that would trade at a 32% discount to the S&P 500 trading at 22.0x next year earnings. We are less concerned about our target based on a P/BV ratio, which would be 2.3x, or a premium to a $350 book value at June 30. We think higher revenue and earnings delivery should provide momentum in the share price with positive fundamental results in the 2025-2026 period. Risks to our rating and target would be a black swan event (geopolitical or counterparty trading party) that is both a shock to the capital markets and hurts our outlook for GS.