Goldman Sachs is more like a collection of companies (divisions) than one company. Further, there is often a Chinese Wall between divisions preventing them from having access to one another to prevent insider trading.
That price target is public. I'm pretty sure chinese wall wouldn't prevent the other guys and GS from reading TipRanks.
Goldman Sachs will look stupid if they advise against a sale at $54 if they also advise to sell and believe the price will be $30.
Twitter board is not buying GS opinion. It's clearly worthless if one guy says "Twitter is worth $30" and the other guy says "Twitter is worth more than $54".
They are paying GS to tell them what they want to tell the public i.e. don't sell to Musk.
Twitter board is just too incompetent to execute such cover up. I assume there's at least one bank they could hire that has buy rating on Twitter to justify their "don't sell" advice.
kjksf|3 years ago
Goldman Sachs will look stupid if they advise against a sale at $54 if they also advise to sell and believe the price will be $30.
Twitter board is not buying GS opinion. It's clearly worthless if one guy says "Twitter is worth $30" and the other guy says "Twitter is worth more than $54".
They are paying GS to tell them what they want to tell the public i.e. don't sell to Musk.
Twitter board is just too incompetent to execute such cover up. I assume there's at least one bank they could hire that has buy rating on Twitter to justify their "don't sell" advice.