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JMP Securities Urges Caution on Goldman Sachs, Morgan Stanley

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Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - June 27, 09:19AM from (www.dividend.com)

Financial services giants Goldman Sachs Group, Inc. (GS) and Morgan Stanley (MS) late Tuesday caught some continued bearish commentary from analysts at JMP Securities. The firm maintained its "Market Underperform" ratings on both GS and MS, citing expectations for lower valuations across the U.S. banking sector. JMP set a $77 price target on GS (15% ...

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