Goldman Sachs Cuts Moelis (MC) Price Target to $70, Sees Slowing Investment Banking Momentum

Moelis & Company (NYSE:MC) is included among the 13 Extreme Dividend Stocks with Huge Upside Potential. Goldman Sachs Cuts Moelis (MC) Price Target to $70, Sees Slowing Investment Banking Momentum On March 12, Goldman Sachs lowered its price recommendation on Moelis & Company (NYSE:MC) to $70 from $80. The firm reiterated a Neutral rating on the shares. Investment banking volumes are up 4% year over year through March 9. The analyst noted that growth has slowed in recent weeks and could turn negative if ...