BMO Capital Markets analyst James Fotheringham reiterated the Market Perform rating on Goldman Sachs Group, Inc. (NYSE:GS), raising the price target to $360 from $357. Following GS’s fourth quarter big but messy beat, the analyst raised estimates by as much as +2% due to higher than previously modeled GB&M revenues. The analyst applauds GS’s notably constructive comments regarding near-term capital markets recovery, just as management continues its efficacious execution on initiatives to transform business mix back to core competencies (e.g., dispositions/transitions of GreenSky, Marcus loans,…
