Goldman Assigns Coinbase a Sell Rating With a Price Target of $45
(Blockworks) Banking giant Goldman Sachs has rated Coinbase stock a “sell” with a price target of $45, from the previous $70. Led by analyst Will Nance, Goldman says that the…
Goldman Says Powell’s Remarks Point to a 50 Bps Rate Hike in May and June
(Markets Insider) Goldman Sachs has predicted an increase in the US interest rate by 50 basis points in Fed’s May and June meetings, amid tough talk by the chair Jerome…
Goldman Downgrades US Growth to 5.7% Amid Tough Situation
(Bloomberg) Goldman expects the overall economic expansion in the US to be 5.7% this year, a drop from the expected 6% at the close of last month. Economists at Goldman…
Goldman Courts Japan for Alternative Investments in Real Estate and Data Centers
(Nikkei Asia) Goldman Sachs seeks to expand its investments in Japan, remaining keen on office space and data centers. Goldman plans to almost double its annual property investments to about…
Goldman Assigns Coinbase a “Buy” Rating Amid Recent Crypto Rout
Goldman Sachs has recommended its investors to buy Coinbase stock to get exposure to cryptocurrency space, according to CNBC. Strategist Will Nance predicts the stock to jump by as much…
Goldman Announces a Crypto Desk in Pursuit of Digital Asset Opportunities
Goldman Sachs has created a crypto trading desk and successfully executed two bitcoin-linked derivatives, according to CNBC. The crypto team is under the bank’s global currencies and emerging markets trading…