Goldman Sachs stock analysis and earnings preview: will GS hit $1,000?
Goldman Sachs' stock has rebounded as investors await its earnings release, with revenue and profits expected to jump due to rising deal-making. The company's strong positioning in M&A and IPO advisory, as well as its debt capital market growth, support a potential breakout towards $980 and $1,000.
Goldman Sachs' stock has rebounded ahead of its earnings release. The company's revenue and profits are expected to jump due to rising deal-making. Goldman Sachs ranks number one in M&A advisory, with deals worth over $396 billion. Its debt capital market volume has also grown to $142 billion. Analysts expect revenue to grow 12.4% year-over-year to $16.9 billion. The company's strong positioning supports a potential breakout towards $980 and $1,000.
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