Traders are buzzing over a fresh call from Meredith Whitney on Goldman Sachs (GS).
Though the stock is in the black, the company fell about a buck right off the news.
Specifically, she lowered her Q4 EPS estimate to $5.5 from $6.00 vs consensus of $5.41. And she lowered 2010 to $19.20 from $19.65 vs consensus of $18.25.
So interestingly, she’s still above consensus but obviously, she still has the power to move markets.
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See Also:
- Meredith Whitney Tries And Fails To Knock Down JPMorgan
- Meredith Whitney Whacks Estimates On Goldman And Morgan Stanley Sending Shares Lower
- Watch Meredith Whitney Explain How She’s Bearish But That She’s Been "Trading Bullish"