Some Analysts More Amped Than Others About The Goldman Sachs Settlement
Brad Hintz, for instance, is so pumped he might very well throw his back out.
Bank of America Merrill Lynch said it upgraded its rating on Goldman Sachs to “buy” in a note to clients following the agreement yesterday. The settlement is “palatable” and the “probability of further action against Goldman Sachs” is much lower, said analysts led by New York-based Guy Moszkowski in the note. “I’m jumping up and down and telling my dad to buy it,” Brad Hintz said of Goldman Sachs’s stock.
Goldman Sachs 'Victory' Ushers Change For Wall Street [Bloomberg]