In fact, Wells Fargo (NYSE: WFC), Goldman Sachs (NYSE: GS), and Citigroup (NYSE: C) were all higher by 5% or more for the day. There are two main reasons why these bank stocks are soaring.
Goldman Sachs raised the firm’s price target on Wells Fargo (WFC) to $83 from $77 and keeps a Buy rating on the shares. The firm cites the company’s Q4 earnings beat, noting that while its pre ...
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When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post.
Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...
Goldman Sachs employees are unhappy with their end-of-year bonuses, which they deem insufficient. The unhappiness comes after ...
Citigroup's stock was up 6.9% in recent trading, outpacing the 6.3% rise from Goldman Sachs, a 1.2% gain by JPMorgan Chase & Co. and a 5.3% increase by Wells Fargo & Co. Goldman CEO David Solomon ...
On Wednesday, Goldman Sachs GS-0.95%decrease; red down pointing triangle, JPMorgan, Wells Fargo and Citigroup all posted profits that were better than expected. Similar readings came from others ...
Wells Fargo is an advertising partner of Motley Fool Money. Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group.
First, bank stocks kicked off fourth-quarter 2024's earnings season on Wednesday, and the reports look impressive across the board, especially when it comes to these three companies. Wells Fargo ...
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