Deutsche Bank Maintains Buy on Goldman Sachs (GS)

Deutsche Bank is out with its report today on Goldman Sachs GS, maintaining Buy.

In a note to clients, Deutsche Bank writes, "We recently met with David Viniar (CFO) and Tim O'Neill (Co-Head of I.M.) at Goldman Sachs, and during the meeting we hit on some of the key topics weighing on the stock, including the FICC environment, ROEs and capital levels, and the regulatory outlook, as well as the I.M. business. Despite some remaining industry headwinds, the overall tone of the meeting was cautiously optimistic. We like the risk/reward in GS and we maintain our Buy rating."

At the time of posting, shares of GS were trading pre-market at $161.58, up 0.17% from Tuesday's close.