The rebound in Wall Street dealmaking is undeniable. And, for Goldman Sachs , that's undeniably bullish. Investors got two new reasons to be optimistic about the Club stock this week: Goldman was tapped as a financial advisor in the massive deal to take video game publisher Electronic Arts private, and smaller investment bank Jefferies posted its best third-quarter revenue ever , lifted by strength in the dealmaking environment. Both of these developments bode well for revenue in Goldman's crucial investment banking division — a key reason we initiated a position back in December 2024 . Goldman's investment banking business, which brings in fees from services like underwriting initial public offerings (IPO) and advising on mergers and acquisitions (M & A), has been rebounding over the past

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