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This is the bank vs the investment side. Goldman Sachs Bank is their representing Bank, Goldman Sachs Investments (or whatever it's called today) is the part th
by huslage 4y ago
This is the bank vs the investment side. Goldman Sachs Bank is their representing Bank, Goldman Sachs Investments (or whatever it's called today) is the part that writes the public short-term price targets. They aren't connected and often disagree.
It is the responsibility of the Bank to get maximum return on investment for the company. It is the responsibility of the Investments side to get as many customers in the door as possible and to provide them with timely information.
- filoleg 4y ago> This is the bank vs the investment side. Goldman Sachs Bank is their representing Bank, Goldman Sachs Investments (or whatever it's called today) is the part that writes the public short-term price targets. They aren't connected and often disagree. Ah, that actually makes perfect sense, thanks for clarifying.