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UBS / UBS upgrades Goldman Sachs to buy from hold on attractive valuation, lower-risk profile

UBS upgrades Goldman Sachs to buy from hold on attractive valuation, lower-risk profile
Goldman Sachs Group Inc. GS on Wednesday drew an upgrade to buy from hold at UBS on the stock's attractive valuation and lower risk profile than its peers. Analyst Brennan Hawken said the investment bank “appears well positioned to outperform amidst elevated levels of market volatility” with potential growth in its asset and wealth management business and transactional banking, with less exposure to consumer deposits and commercial banking than other firms. Read More
Posted: Apr 12 2023, 10:16
Author Name: Market Watch
Views: 110641

UBS News  

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