Goldman Sachs Q1 EPS estimate cut to low on the Street at Macquarie

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Goldman Sachs Q1 EPS estimate cut to low on the Street at Macquarie

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		Macquarie believes Goldman's global markets activity has slowed due to sovereign debt concerns, China's attempts to slow growth, and potential anti-business actions by the U.S. government. The firm has lowered its Q1 EPS estimate to a Street low $3.10 vs. consensus of $4.17 to reflect lower revenue forecasts and higher compensation costs. Shares are Neutral rated with a $185 price target.