Report published August 27, 2026
Goldman Sachs Early Morning Research Recap: Ratings, Target Prices & Macro Updates (August 27, 2026)
Source and citation context
- Issuer
- Goldman Sachs
- Report date
- August 27, 2026
- Analysis as of
- August 27, 2026
Authors / editors: Global Investment Research
Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
This Goldman Sachs morning research recap highlights an increase in US Q3 GDP tracking estimate to +2.8% alongside key equity calls, including reiterated Buy ratings on Nvidia and Salesforce. The recap also notes a rating downgrade on Poly Property Services to Neutral and several significant price target updates across Asian and US equities.
Key Takeaways
- 1.Goldman Sachs upgraded its US Q3 GDP tracking estimate to +2.8% following strong July personal spending and core capital goods shipments data, while Q2 GDP was unrevised at 1.5%.
- 2.Nvidia (NVDA, Buy) shows strong 2027 outlook, transparent commitments, and visible gross margins, driving positive read-across for Japanese tech component suppliers.
- 3.Poly Property Services (6049.HK) was downgraded from Buy to Neutral with target price reduced from HK$41.00 to HK$33.00 as growth revival will take time.
Table of Contents
- The Calls Around the World to Focus on Today
- The Macro Round-Up
- Rating and Conviction List Changes
- Links to Rating and Conviction List Changes
- Notable Stock Research to Consider:
- Target Price Changes (10% or greater):
- Webinars, Podcasts & Conferences
- Disclosure Appendix
Report data
Rating and Conviction List Changes — as of August 27, 2026.
| Metric | Estimate | Context |
|---|---|---|
| US Q3 GDP Tracking Estimate | 2.8% | Boosted following July personal spending and core capital goods shipments coming in above expectations |
| US Q2 GDP (Unrevised) | 1.5% | Q2 GDP growth rate remained unrevised |
| Downstream EU Carbon Tariffs Scope | 150-430 USD billion | Auto and industrial imports potentially in scope of EU carbon tariffs moving downstream |
| US RevPAR Growth | 4.4% | Americas lodging revenue per available room year-over-year increase |
Reports in this series
GS Early Morning Research Recap is shown in chronological order through this edition, published on August 27, 2026.
Part of the GS Early Morning Research Recap series — view all 13 editions
Looking for the latest edition? GS Early Morning Research Recap Ratings and Target Price Changes September 8, 2026 as of 5 30 AM ET (Sep 8, 2026)
- Jun 11GS EARLY MORNING RESEARCH RECAP Ratings and Target Price Changes - June 11, 2026 as of 530 AM ET
- Aug 13GS Early Morning Research Recap Ratings and Target Price Changes - August 13, 2026 as of 5 30 AM ET
- Aug 13GS Early Morning Research Recap Ratings and Target Price Changes - August 13, 2026 as of 5 30 AM ET
- Aug 26GS Early Morning Research Recap Ratings and Target Price Changes August 26, 2026 as of 5 30 AM ET
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Authors / Editors
Reported Data Context
- US Q3 GDP Tracking Estimate: 2.8 % (Q3 2026) · Source: Goldman Sachs Global Investment Research
- US Q2 GDP (Unrevised): 1.5 % (Q2 2026) · Source: Goldman Sachs Global Investment Research
- Downstream EU Carbon Tariffs Scope: 150-430 USD billion (2026) · Source: Goldman Sachs Global Investment Research
- US RevPAR Growth: 4.4 % (Week ending 2026-08-22) · Source: Goldman Sachs Global Investment Research
Securities
Themes
Regions
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