Oppenheimer Downgrades Goldman, Says M&A Rebound ‘Delayed or Cancelled’ | Global News Avenue

Merger and Acquisition bounce Investors who expect US President Donald Trump to return to the White House and hope that the light-touch regulations have not yet happened, expect a brokerage firm to drop its rating to Wall Street Giants on Wednesday Goldman Sachs ((GS).

Oppenheimer analysts called expected rebound in M&A to be “delayed or cancelled” and lowered their score From the “performance” of “outperforming the market”, their wealth depends on the busy Wall Street activities Private Equity Titan Carlyle Group (Carlyle Group) (CG) and Jefferies Financial Group (Jeff).

“Earlier this year, we are very optimistic about a major rebound Merger and Acquisition “The activity and the financing activities that follow it,” the analyst wrote in a note.

“However, so far, there are no visible signs of this M&A rebound.” Quantity of stock capital marketsThis shows fundraising for initial public offerings (IPOs) and other share sales, up just 2.7%.

Oppenheimer says

Oppenheimer analysts are also frustrated in the prospect of hosting mergers and acquisitions in the near future. “We are concerned about the current uncertainty about tariffs, fiscal They wrote: “Detox” and general unrest in 80 years of trade and security arrangements could lead to a halt in M&A activities. ”

Trump has done a series since he resumed the White House In the tariff announcement Oppose the major trading partners of the United States, some of which have imposed retaliatory taxes.

Bankers touted more deals during Trump’s presidency, noting that less regulation, lower interest rates and high valuations in the stock market could be exacerbated Trading activities. “Since 2023 and 2024 people have had relatively dying years, with the merger and acquisition volume roughly the same as ten years ago,” Oppenheimer said.

Goldman and Jefferies stocks both rose in intraday trading on Wednesday, while Carlyle shares were about 2.5%.