Shares of Veeva Systems (NYSE:VEEV) fell about 4% premarket on Thursday after Goldman Sachs downgraded the stock to Sell from Buy, citing medium-term risks. The firm also lowered its price target on the shares to $200 from $261.

Goldman Sachs (GS) , the fifth largest bank in the U.S., has landed in a web of controversy that is currently reshaping corporate America. In 2020, a plethora of large companies vowed to commit to diversity,

NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.

Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, especially luxury goods, according to a Goldman Sachs note on Wednesday seen by Reuters on Thursday.

Citi analyst Keith Horowitz maintained a Hold rating on Goldman Sachs Group (GS – Research Report) yesterday and set a price target of

Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the BoE (1.5 per cent) and the OBR (2 per cent). This is no time to keep policy restrictive, the team says:

Small-cap funds are good choices for investors seeking diversification across different sectors and companies. Investors with a high-risk appetite should pick these funds. Small-cap funds generally invest in companies with a market cap lower than $2 billion.

This comes after JPMorgan reported a record 2024 financial result, with its net income rising 18% to $59 billion from the previous year's almost $50 billion

Goldman Sachs stock is not overvalued as growth in revenue and EPS is impressive. Click here to find out why I believe GS is a buy currently.

"Goldman Sachs, Houlihan Lokey dominate 2024 M&A advisory" was originally created and published by Verdict, a GlobalData owned brand.