Why a Top Banking Analyst Has Gone Bearish on Goldman Sachs

Goldman Sachs Group Inc. (GS) CEO David Solomon has taken numerous steps since taking the helm in October to reposition the Wall Street bank for growth. Despite recent gains, Goldman’s shares have gone almost nowhere in the past four years as the broader market and several of its banking peers have advanced. Now, widely respected banking guru Dick Bove has joined the skeptics by lowering his rating from buy to hold on the bank, as outlined by Bloomberg.

source https://finance.yahoo.com/m/19b474de-7c5f-3c64-aa70-da38f7ee49aa/why-a-top-banking-analyst-has.html?.tsrc=rss

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