GS Early Morning Research Recap Ratings and Target Price Changes September 18, 2026 as of 5 30 AM ET

Equity Research 18 September 2026 | 5:50AM EDT

GS EARLY MORNING RESEARCH RECAP

Ratings and Target Price Changes - September 18, 2026 as of 5:30 AM ET

The Calls Around the World to Focus on Today Global Investment Research

Macro/Global n US Equity Views, Snider: Over-earning, but not an earnings bubble

n Precious Analyst, Thomas: Fed Hikes to Slow, Rather than Derail, the Gold Rally

Americas n Asset Managers, Blostein: BAM & BN Investor Days reiterate plan to double the business in 5 years n Ducommun Inc. (DCO, Buy), Poponak: Investor Day Takeaways: growth, margin, asset improvement levers; Buy

Europe n RENK Group (R3NK.DE, Buy), Burgess: Pullback creates an attractive entry point; upgrade to Buy

Asia n China Brewing, Liu: Revisiting M&A framework on strong FCF and attractive valuation despite N-T pressure; Portfolio strategy to navigate disruptions; Changing M&A rank for Bud APAC; Tsingtao-H down to Neutral n ST Engineering (STEG.SI, Buy), Liu: Tailwinds from aerospace MRO and international defence; initiate at Buy

The Macro Round-Up ECONOMICS Global Economics Comment: Is Poor Economic Sentiment Really About the Economy?

18 Sep 2026 | Economics Research - Joseph Briggs, Sarah Dong, Jan Hatzius, Megan Peters

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Goldman Sachs GS Early Morning Research Recap

Global Markets Daily: Timing It Right — When to Sell Interest Rates Vol

18 Sep 2026 | Economics Research - Friedrich Schaper, George Cole, William Marshall, Simon Freycenet, Isabella Rosenberg, Loic Mathys

Global Rates Notes: BoE Announce Gilt-Friendly QT Plan

17 Sep 2026 | Economics Research - George Cole, Loic Mathys, Simon Freycenet, William Marshall, Isabella Rosenberg, Friedrich Schaper

The EM Trader: CEE-ing through the Vol

17 Sep 2026 | Economics Research - Kamakshya Trivedi, Sunil Koul, Danny Suwanapruti, Teresa Alves, Tarun Lalwani, CFA, Victor Engel, Lexi Kanter, Mambuna Njie, Shuyi Fang

What’s Top of Mind in Macro Research: A hawkish Fed meeting, China’s economic and corporate prospects

17 Sep 2026 | Economics Research - Jenny Grimberg, Allison Nathan, Ashley Rhodes

Japan Economics Analyst: Expecting Circa ¥13 tn Increase in ‘Calendar-Basis JGB Issuance’ for FY2027

18 Sep 2026 | Economics Research - Tomohiro Ota, Yuriko Tanaka

European Daily: BoE Recap—Opening the Door to a November Hike

17 Sep 2026 | Economics Research - James Moberly, Sven Jari Stehn, Filippo Taddei, Alexandre Stott, Niklas Garnadt, Katya Vashkinskaya, Giovanni Pierdomenico

STRATEGY Global Credit Trader: An Update on AI-Related Debt Issuance

17 Sep 2026 | Credit Strategy Research - Amanda Lynam, CPA, Spencer Rogers, CFA, Sara Grut, Shamshad Ali

US Equity Views: Over-earning, but not an earnings bubble

17 Sep 2026 | Portfolio Strategy Research - Ben Snider, Ryan Hammond, Daniel Chavez, Kartik Jayachandran, Christophe Sung

[Replay] Trading Dividends Webinar : Assessing the Current Opportunities in Dividends and Dividend Volatility

17 Sep 2026 | Portfolio Strategy Research - Elsa Seknagi, Max Andersson, Gavin Dolan, Christian Mueller-Glissmann, CFA

Mortgage Notes: Recommending a modest overweight on agency MBS

17 Sep 2026 | Credit Strategy Research - Arun Manohar

Asia-Pacific Portfolio Strategy: Asian equity market daily update

17 Sep 2026 | Portfolio Strategy Research - Timothy Moe, CFA, Alvin So, CFA, Kinger Lau, CFA, Sunil Koul, John Kwon, Amorita Goel, CFA, Terry Chan