( Sumptuous Capital: Blog )

We’re preparing for earnings from Goldman Sachs coming out before US open Tuesday. In this regard the WSJ quotes Meridith Whitney:

Whitney predicted Goldman Sachs would post second-quarter results Tuesday above Street estimates – she expects earnings of $4.65 a share, compared with the average analyst estimate of $3.48, according to a survey of analysts by Thomson Reuters. She set her 12-month price target on Goldman shares at $186.

Shares of Goldman Sachs rose 2.7% in recent trading to $145.75.

We maintain a bullish view