Technical Analysis: Based on recent price action, Goldman Sachs (GS) shows a bearish trend in the short term, with the stock closing at $625.60 on February 21, 2025, down 2.59% . The stock has experienced significant selling pressure amid concerns over Trump's proposed tariffs.
News Sentiment Analysis: Recent key developments affecting GS:
Price Target Analysis:
Next Week's Price Prediction: Based on technical analysis and news sentiment:
Target price for next week: $618 Recommendation: SELL
Rationale:
The stock is likely to test lower support levels next week before finding stability. Traders should consider taking profits or implementing protective stops around $630.
The price of GS is predicted to go up -1.14%, based on the high correlation periods with WFC. The similarity of these two price pattern on the periods is 97.63%.
GS
WFC
Year
GS Price Forecast($)
Potential Return(%)
2025
630.000
8.600
2026
720.000
12.430
2027
750.000
17.110
2028
850.000
32.730
2029
850.000
32.730
2030
1,200.000
87.380
More stable investment management and net interest income could cause investors to reassess Goldman's earnings quality and increase their willingness to pay a premium for it.
The company's trading operations can potentially do well in recessions and periods of economic uncertainty, which can buffer earnings.
Several of the company's primary US and European competitors have been forced to restructure, which could give Goldman an opportunity to gain market share.
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