SVB Financial: Goldman Sachs confirmed its buy advice a week ago and raised its target







Photo credit © PivèsPictures


(Boursier.com) — SVB-Financialthe owner of Silicon Valley Bank, whose share price collapsed by 60% on Wall Street yesterday on fears of bankruptcy and remains suspended today, was still one of the favorite stocks of certain specialists a few years ago. days. Goldman Sachs had thus confirmed last week its buying advice on the stock, while raising its target price from $280 to $312. The timing was therefore obviously not appropriate, while the sustainability of the Californian bank is now threatened.


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