Goldman Sachs Target Cut by Wells Fargo to $1,175.00
Wells Fargo & Company has reduced its target price for The Goldman Sachs Group (NYSE:GS) to $1,175.00 from $1,325.00 in a recent research report.
This move reflects a potential upside of 27.44% from the company's previous close.
The brokerage firm currently maintains an 'overweight' rating on Goldman Sachs stock.
Despite the reduced target price, Wells Fargo's analysts remain bullish on the investment management company.