Goldman Sachs Is Still The Bank To Buy

Goldman Sachs is rated a 'buy' due to scale, deal flow leadership, and a resilient capital formation cycle. GS's Q2 net revenues rose to ~$20.34Bn, with 23.5% ROE and $6.63Bn net earnings, driven by Global Banking & Markets strength. Valuation is mildly attractive: fair value averages $1,065.49, a ~2.45% undervaluation, with excess return models supporting upside.