Goldman Sachs Group Reaches Analyst Target Price
June 09, 2020 at 08:50 AM EDT
In recent trading, shares of Goldman Sachs Group Inc (GS) have crossed above the average analyst 12-month target price of $218.78, changing hands for $220.81/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..