Jefferies and Goldman Sachs see price target hikes
Oppenheimer raised Jefferies Financial's price target to $87 with an Outperform rating, while JP Morgan increased Goldman Sachs' target to $900 with a Neutral rating. Kinder Morgan reported Q1 earnings of 48 cents per share and sales of $4.828 billion, both beating estimates. Shares of all three companies saw gains in the recent session.

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Analysts have raised price targets for Jefferies Financial Group and The Goldman Sachs Group following recent market activity. Oppenheimer analyst Chris Kotowski maintained Jefferies Financial with an Outperform rating and increased the price target from $72 to $87. JP Morgan analyst Kian Abouhossein maintained Goldman Sachs with a Neutral rating, raising the price target from $826 to $900.
Analyst Ratings and Price Targets
The revisions come as investors evaluate the financial sector's performance. The following table summarizes the recent analyst actions:
| Company | Analyst | Rating | Previous Target | New Target |
|---|---|---|---|---|
| Jefferies Financial Group | Oppenheimer | Outperform | $72 | $87 |
| The Goldman Sachs Group | JP Morgan | Neutral | $826 | $900 |
Kinder Morgan Earnings Beat
Kinder Morgan reported first-quarter earnings on April 22 that surpassed analyst consensus estimates. The company posted earnings of 48 cents per share, beating the estimate of 40 cents per share. Quarterly sales reached $4.828 billion, exceeding the expected $4.598 billion.
Market Performance
Following these developments, shares of the mentioned companies showed positive movement. Jefferies Financial shares gained 3.4% to close at $61.66, while Goldman Sachs shares rose 2.6% to settle at $1,062.75. Kinder Morgan shares climbed 1.9% to close at $31.94.
What specific market conditions are driving analysts to raise price targets for Jefferies and Goldman Sachs?
How might the revised price targets influence investor sentiment toward the broader financial sector?
Will Kinder Morgan's earnings beat lead to increased analyst coverage or upgraded ratings for the energy sector?
























