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Actionable news in GS: GOLDMAN SACHS GROUP Inc,

Goldman Sachs (GS) Stock is Wednesday’s ‘Chart of the Day’

NEW YORK (TheStreet) -- Shares of Goldman Sachs Group (GS - Get Report) are gaining 0.28% to $155.79 in early afternoon trading on Wednesday.

Yesterday, analysts cut their earnings per share estimates by one of the biggest amounts since the financial crisis.

During the past four weeks, 22 analysts have slashed 94 cents from Goldman Sachs's average earnings per share estimate for the 2016 first quarter, Bloomberg reported.

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Analysts are now projecting that earnings per share will plummet by 45% year-over-year to $3.31 for the most recent period.

TheStreet's Chris Versace and Bob Lang of Trifecta Stocks have identified Goldman as the "Chart of the Week." Here is what Versace and Lang had to say about...


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