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Goldman Sachs Raises Risk Of Recession to 45%: Jefferies Calls Tariffs a 'Free Hall Pass' For Tech Giants To Reset Their Goals
Monday, April 7, 2025 - 6:37am | 522Read More...Goldman Sachs Group Inc. (NYSE:GS) is the latest investment bank to predict a recession for the U.S. economy over the next 12 months, with the odds being raised to 45%, from its previous prediction of 35%. Amidst all this chaos and uncertainty, however, there is a silver lining for the tech giants...
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UPDATE: Jefferies Lowers PT on The Timken Company from $50 to $42
Friday, July 27, 2012 - 12:43pm | 101Read More...Jefferies maintained a Buy rating on The Timken Company (NYSE: TKR) and lowered its price target from $50 to $42. Jefferies commented, “2Q EPS of $1.35, ex items, was below our $1.45 est. as EBIT margin outperformance of 20bps was not enough to offset the 7% decline in revenues versus our model....
