KBW Fine-Tunes Goldman Sachs Estimates

KBW is fine-tuning its capital markets estimates on Goldman Sachs Group, Inc. GS following the quarter-end event. “Following the quarter-end, we are adjusting our 4Q10 estimate for Goldman to $3.65 from $3.95 to reflect lower expectations from trading which may more than offset our increased investment banking forecast,” KBW writes. Goldman Sachs closed Monday at $173.05.