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After Goldman Sachs' Q3 report, analysts cut their price predictions.

ResultsRead the original at Benzinga
Good for GS

Goldman Sachs beat estimates for profit and sales and declared a $5 dividend per common share. Analysts cut 2 price targets, but the reported results point more clearly to stronger business performance.

GS · Goldman Sachs Group, Inc.

AI read · Good for GS

The AI's read

That points to stronger business performance, since both profit and sales cleared expectations. The board's dividend also returns cash to shareholders. Two analysts lowered their price targets after the report but kept their ratings unchanged. The source does not explain the cuts, so the reported results give the clearer signal.

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