The Latest Breaking News from Goldman Sachs

Almost every small business owner in a Goldman Sachs survey is having trouble hiring.

Goldman Sachs analyst Susan Maklari upgraded Louisiana-Pacific Corp (NYSE:LPX) to Neutral from Sell and raised the price target to $84, from $59. Maklari mentions the supply/demand backdrop suggests limited downside in wood products stocks over the coming quarters as volumes remain elevated and pricing power persists. The analyst adds that Louisiana-Pacific should see additional siding…

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Goldman Sachs analyst Rod Hall downgraded Cisco Systems Inc (NASDAQ:CSCO) to Neutral from Buy with an unchanged price target of $65, suggesting an upside of 8.82%. The analyst says the shares are approaching the price target while his fundamental outlook "is now in line with consensus." Hall continues to see Cisco's ongoing Cat 9K refresh…

Investors who have owned stocks in 2021 have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 23.3%. But there is no question some big-name stocks performed better than others along the way.

Pay and bonuses for each employee averaged just over $400k for 2021, up $75k on the year before

Following the market opening Tuesday, the Dow traded down 1.52% to 35,366.17 while the NASDAQ fell 1.15% to 14,722.00. The S&P also fell, dropping, 1.32% to 4,601.52.

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Goldman Sachs Group Inc (NYSE: GS) is trading lower Tuesday morning after the company announced worse-than-expected fourth-quarter earnings results.