Goldman Sachs (GS -0.2%), hit with downgrades last week, has at least a few friends left,...

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

Goldman Sachs (GS -0.2%), hit with downgrades last week, has at least a few friends left, including Sandler O'Neill's Jeff Harte, who believes the market has overreacted to possible exposure to legal troubles and underestimates its ability to generate returns on equity. "Volatility in the stock should not overshadow industry leading fundamental performance," Harte writes.