Goldman Sachs is running scared. They don't have anyone in the USA Treasury to return to a bended knee again. They are dumping investments dependent on a stable global currency and running home to Momma with rock solid stocks like William Sonoma.
That is the real news. They are doing this across the board. They either didn't see this coming, which I think is the case. I think Goldman Sachs runs on steam and always has. OR. They were hoping against hope when the currencies crashed Post-Quantitative Easing, no one would notice. Either way here we go again! Where did the bailout money go?
And.
Oh, by the way, this isn't making headlines.
Goldman Sachs is returning to oil stocks and oil servicing stocks. Really? That is what I call real confidence. NOT. Oil futures are falling in case anyone at Goldman Sachs didn't pay attention.
Reuters : Mon May 27 2013
Goldman Sachs downgrades State Bank of India (SBI) (click here) to "sell" from "neutral" and cut its target price to 1,900 rupees from 2,420, citing concerns over the lender's stress levels and the company's desire to grow its loanbook.
* Goldman says SBI could post a "tough" year in fiscal 2014 given expectations the lender will continue to face margin pressure over its "aggressive" lending strategy.
* Goldman further expects stress loan formation to remain elevated, especially if the economy weakens, while it sees SBI's operating expenses increasing due to provisions for pensions.
* Last week, SBI posted its first quarterly net profit drop in two years.
* SBI's shares were up 0.4 percent as of 0739 GMT.
Posted by Karim Khaledi
May 28, 2013
Williams Sonoma (NYSE: WSM)‘s (click here) stock had its “neutral” rating reaffirmed by equities research analysts at Goldman Sachs in a research note issued to investors on Friday, StockRatingsNetwork.com reports.
A number of other firms have also recently commented on WSM. Analysts at RBC Capital raised their target on shares of Williams Sonoma from $47.00 to $54.00 in a research note to investors on Friday. They now have a “sector perform” rating on the stock. Separately, analysts at Wedbush raised their price target on shares of Williams Sonoma from $47.00 to $50.00 in a research note to investors on Monday, May 20th. They now have a “neutral” rating on the stock. Finally, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Williams Sonoma in a research note to investors on Friday, May 17th. They now have a $49.00 price target on the stock, up previously from $45.00....
That is the real news. They are doing this across the board. They either didn't see this coming, which I think is the case. I think Goldman Sachs runs on steam and always has. OR. They were hoping against hope when the currencies crashed Post-Quantitative Easing, no one would notice. Either way here we go again! Where did the bailout money go?
And.
Oh, by the way, this isn't making headlines.
Goldman Sachs is returning to oil stocks and oil servicing stocks. Really? That is what I call real confidence. NOT. Oil futures are falling in case anyone at Goldman Sachs didn't pay attention.
Reuters : Mon May 27 2013
Goldman Sachs downgrades State Bank of India (SBI) (click here) to "sell" from "neutral" and cut its target price to 1,900 rupees from 2,420, citing concerns over the lender's stress levels and the company's desire to grow its loanbook.
* Goldman says SBI could post a "tough" year in fiscal 2014 given expectations the lender will continue to face margin pressure over its "aggressive" lending strategy.
* Goldman further expects stress loan formation to remain elevated, especially if the economy weakens, while it sees SBI's operating expenses increasing due to provisions for pensions.
* Last week, SBI posted its first quarterly net profit drop in two years.
* SBI's shares were up 0.4 percent as of 0739 GMT.
Posted by Karim Khaledi
May 28, 2013
Williams Sonoma (NYSE: WSM)‘s (click here) stock had its “neutral” rating reaffirmed by equities research analysts at Goldman Sachs in a research note issued to investors on Friday, StockRatingsNetwork.com reports.
A number of other firms have also recently commented on WSM. Analysts at RBC Capital raised their target on shares of Williams Sonoma from $47.00 to $54.00 in a research note to investors on Friday. They now have a “sector perform” rating on the stock. Separately, analysts at Wedbush raised their price target on shares of Williams Sonoma from $47.00 to $50.00 in a research note to investors on Monday, May 20th. They now have a “neutral” rating on the stock. Finally, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Williams Sonoma in a research note to investors on Friday, May 17th. They now have a $49.00 price target on the stock, up previously from $45.00....
