The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

Goldman Sachs raised the firm’s price target on Morgan Stanley (MS) to $138 from $128 and keeps a Neutral rating on the shares after its Q4

Morgan Stanley raised the firm’s price target on Goldman Sachs (GS) to $782 from $736 and keeps an Overweight rating on the shares after the

Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.

Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that has dealmakers optimistic about the coming Trump era in 2025. Strong investment banking and trading results also helped push profits higher at other big banks in the fourth quarter,

Here are some of the major companies whose stocks moved on the week’s news.

Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.

Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.

GlobalData lead analyst Aurojyoti Bose said: “Goldman Sachs was the top adviser by value in 2023 and also managed to retain its leadership position by this metric in 2024 as well. Although it registered a year-on-year decline in value, Goldman Sachs still remained much ahead of its peers due to its involvement in big-ticket deals.

TORONTO (Reuters) -Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks. The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec.