Goldman estimates cut at Credit Suisse amid weak trading

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

As a number of banks come out warning of weak Q3 trading results, Credit Suisse extrapolates the idea right to the industry boss, cutting its Q3 EPS estimate for Goldman Sachs (GS) to $2.10 from $2.63 previous and consensus $2.75.

From just this week: Citigroup and Deutsche warn.

Last week: Trading revenue at Jefferies vanishes.

CS continues to rate Goldman a Buy with $185 price target.

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