01:15 PM EDT, 09/15/2025 (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:
We are confident that GS can continue to gain market share and realize higher growth and margin expansion ahead. We are raising our 12-month target price by $55 to $850, using a forward P/E of 16.0x our 2026 earnings estimate, just below the three-year historical average for normalized earnings. We keep our EPS estimates at $46.60 in 2025 and $53.00 in 2026 compared to consensus at $46.30 and $51.78, respectively. At the September investor conference, CEO David Solomon presented a highly confident and bullish outlook with two key tailwinds: a recovering capital markets environment, with a "massive pickup" in strategic M&A, and what looks to be a more favorable regulatory landscape that with new guidelines should free up capital and reduce uncertainty. Asset & Wealth Management has more durable and recurring management fees, and GS has raised $360B in alternatives in the last five years. A new partnership and equity investment in T. Rowe Price is a new initiative in gaining distribution to the wealth market.