Bernstein's Brad Hintz maintains Overweight ratings on Goldman Sachs (GS) and Morgan Stanley...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor
Bernstein's Brad Hintz maintains Overweight ratings on Goldman Sachs (GS) and Morgan Stanley (MS), but remains cautious, noting i-banking activity is at its lowest point since 2009. He also thinks book values provide limited support, given investor experiences with a financial crisis in which "everything became illiquid and price/book became meaningless."