Goldman Sachs Gets a Strong Initiation From Analysts at MKM

TheStreet
In Tuesday's Analysts' Actions, MKM initiates Goldman Sachs, Jarden is started at 'buy' by Deutsche Bank and Barclays raises SM Energy's price target. Goldman Sachs (GS) is now being covered at MKM Partners with a 'Buy' rating. The analysts there say the strong rating is because they believe Goldman can post a return on equity expansion. $213 dollars is the price target set for the stock. Deutsche Bank (DB) initiated Jarden (JAH) with a 'Buy' rating and a $70 price target. Deutsche thinks the global consumer products company has growth potential across its varied portfolio. Analysts at Barclays raised their price target for SM Energy (SM) to $106 from $96. That's a potential upside of more than 26 percent from where the company is currently trading. The firm believes SM Energy's recent acquisition of a shale operation will lead to better returns.
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