UBS Cuts Goldman Sachs Target Price to $1,010 While Keeping Hold Rating

UBS analyst Erika Najarian has adjusted her outlook on Goldman Sachs (GS.US), maintaining a hold rating while lowering the target price from $1,150 to $1,010.

Najarian’s move reflects a cautious stance on the stock, though her track record shows a 55.7% success rate and a 9.1% total average return over the past year, according to TipRanks data.

TipRanks, an independent platform that tracks analyst performance, provides context for Najarian’s ranking. Her recommendations are evaluated based on virtual portfolio returns, with past performance influencing her star rating.

The updated target price signals a more conservative view on Goldman Sachs’ near-term prospects, though the hold rating suggests neutrality rather than outright pessimism.