Analysis: The Goldman Sachs Group, Inc.

US:GS

Why is The Goldman Sachs Group, Inc. stock rising?

  • Goldman raised its full-year alternatives fundraising expectation to exceed $125 billion.
  • Goldman won OCIO mandates to manage Verizon's and Lockheed Martin's retirement plans.
  • The Innovator acquisition adds a defined-outcome ETF platform and scales Goldman's active ETF business.
  • Goldman launched the first of four planned T. Rowe Price co-branded model portfolios.
  • Goldman set a higher Asset & Wealth Management pretax margin target of 30%.

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