Wells Fargo keeps an Overweight rating and $785 price target on Goldman Sachs (GS) but raises its FY25 EPS view to $48.00 from $46.85 and its FY26 EPS view to $58.50 from $56.75 after the company’s Q2 results. The earnings were a “solid beat” thanks to better equity trading and advisory as well as “good” Assets & Wealth Management, AWM, fees, the analyst tells investors in a research note, adding however that AWM continues to be the area where Goldman Sachs can improve further.
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