Goldman Sachs Group

In a report published Wednesday, Goldman Sachs Group reiterated its Buy rating on Oracle Corporation (NASDAQ: ORCL), and slightly raised its price target from $36.00 to $37.00. Goldman Sachs noted, “License performance was the highlight of the quarter. After guiding to 5-15% reported license...

In a report published Wednesday, Goldman Sachs Group initiated coverage on First Niagara Financial Group (NASDAQ: FNFG) with a Neutral rating and $8.50 price target. Goldman Sachs noted, “After completing four deals since late 2009, FNFG's focus is now on growing its franchise. We see its efforts...

In a report published Wednesday, Goldman Sachs Group reiterated its Buy rating on Oaktree Capital Group LLC (NYSE: OAK), and raised its price target from $55.00 to $58.00. Goldman Sachs noted, “OAK announced a $1.26 bn distribution to investors in Opportunities Fund VIIb. Following this...

In a report published Wednesday, Goldman Sachs Group initiated coverage on M&T Bank Corporation (NYSE: MTB) with a Neutral rating and $105.00 price target. Goldman Sachs noted, “MTB has enhanced its franchise via M&A as its stock outperformed by 22% on average post its last 5 deals. That...

In a report published Wednesday, Goldman Sachs Group reiterated its Buy rating on Bristol-Myers Squibb Co. (NYSE: BMY), but slightly lowered its price target from $40.00 to $39.00. Goldman Sachs noted, “For 2013, a year of new launches for BMY, we revise our assumptions for spending and modestly...

In a report published Wednesday, Goldman Sachs Group reiterated its Sell rating on Dolby Laboratories (NYSE: DLB), but lowered its price target from $30.00 to $26.00. Goldman Sachs noted, “We are updating our DLB price target to take into account the $4 per share special dividend announced on...

In a report published Monday, Goldman Sachs Group reiterated its Neutral rating on Accenture (NYSE: ACN), and raised its price target from $63.00 to $69.00. Goldman Sachs noted, “Our FY1Q revenue/EPS estimates of $7.28 bn (+2.9% reported; +5.6% CC basis)/$1.06 are unchanged. Although we retain our...

In a report published Friday, Goldman Sachs Group reiterated its Buy rating and $43.00 price target on VeriFone Systems (NYSE: PAY). Goldman Sachs noted, “Although we acknowledge some puts and takes in the quarter, on balance we remain confident that the POS solutions backdrop remains strong. As...

In a report published Friday, Goldman Sachs Group reiterated its Neutral rating on NextEra Energy (NYSE: NEE), but slightly lowered its price target from $70.00 to $69.00. Goldman Sachs noted, “After the Florida Public Service commission (FPSC) approved a modified settlement on FP&L's rate...

In a report published Friday, Goldman Sachs Group initiated coverage on Carpenter Technology Corporation (NYSE: CRS) with a Buy rating and $63.00 price target. Goldman Sachs noted, “We initiate coverage of Carpenter Technologies (CRS), a $2.6bn specialty metals manufacturer focused on the...

In a report published Friday, Goldman Sachs Group reiterated its Neutral rating on Bed Bath & Beyond (NASDAQ: BBBY), but lowered its price target from $70.00 to $66.00. Goldman Sachs noted, “BBBY's sales mix, profit mix, and margin drivers are quite opaque, given limited disclosure. However,...

In a report published Friday, Goldman Sachs Group reiterated its Sell rating on Adobe Systems (NASDAQ: ADBE), and raised its price target from $24.00 to $27.00. Goldman Sachs noted, “Given we expect management to use promotion in the near-term to build subscription revenue, we estimate that it...

In a report published Wednesday, Goldman Sachs Group reiterated its Neutral rating on FMC Corporation (NYSE: FMC), and slightly raised its price target from $59.00 to $60.00. Goldman Sachs noted, “2013 EPS growth guidance is consistent with our/Street prior estimates, which implied 15% growth,...

In a report published Wednesday, Goldman Sachs Group reiterated its Buy rating on Monster Beverage Corp. (NASDAQ: MNST), and raised its price target from $58.00 to $61.00. Goldman Sachs noted, “We attended the MNST Investor Day meeting in New York. We tweak up our out-year estimates by around 2%...

In a report published Wednesday, Goldman Sachs Group initiated coverage on Xcel Energy (NYSE: XEL) with a Neutral rating and $29.00 price target. Goldman Sachs noted, “We initiate coverage of Xcel Energy (XEL), a $13bn market cap Regulated Utility with a Neutral rating and a $29 P/E-based 12-month...