Goldman Sachs’ settlement with the U.S. government comforted some Wall Street analysts on Friday and news of the settlement spurred at least one of them to change their outlook on the company.
Equity analysts at Standard & Poor's said in a note on Friday that they raised their recommendation Goldman shares to hold from sell. Analysts at Bernstein said the settlement is good for banking giant's business; Bernstein has an “outperform” rating on Goldman stock.
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