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Goldman Sachs demonstrated strong activity in investment banking, says Argus

Argus keeps a buy rating with $1066 price target on Goldman Sachs (GS) after its Q1 results. The quarter demonstrated strong activity in investment banking, and while recent geopolitical events may introduce some pause, the firm is looking for a durable rebound in this segment to continue as CEO confidence improves and lower interest rates allow for more favorable financing, the analyst tells investors in a research note.

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