Atlantic Equities' Richard Staite, who rates Goldman Sachs (GS) a Neutral, believes the firm...

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

Atlantic Equities' Richard Staite, who rates Goldman Sachs (GS) a Neutral, believes the firm will earn just $0.07/share in Q3, as a predicted $1.6B in mark to market losses on principal investments take their toll. Staite also sees a 40% Q/Q decline in i-banking revenue, but his PT of $140 remains well above Goldman's current trading price.