Goldman Sachs stock doubles from 'Liberation Day' lows, with more room to run: BofA

Goldman Sachs stock has more than doubled since President Trump's "Liberation Day" announcement in April 2025, driven by strong performance in turbulent financial markets. Bank of America analysts believe the stock still has room to grow, raising their price target to $1,300 from $1,150, citing the bank's direct exposure to the global capital markets cycle. The bank's impressive second-quarter earnings, fueled by trading and dealmaking, along with a resurgence in M&A and IPO activity and the AI boom, contribute to the positive outlook.