Goldman Sachs Stock Has Limited Upside
- Thursday, December 3, 2020, 7:12
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After a 72% gain since the March bottom, at the current price near $232 per share, we believe Goldman Sachs’ stock (NYSE: GS) has limited upside based on its historic P/E multiples. GS stock has increased from $135 to $232 off the recent bottom compared to the S&P 500 which increased almost 65%…
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