Goldman just got the Cramer glow-up

Wall Street’s dealmaking mood is back

Goldman Sachs got a little extra sparkle on Tuesday when BMO Capital’s Brennan Hawken lifted his price target to $972 from $905. Translation: one of Wall Street’s favorite toll collectors may get even more traffic if IPOs and M&A keep picking up.

Cramer was practically doing a victory lap on air, calling Goldman the “big winner” if the capital markets window keeps cracking open. That matters because Goldman doesn’t just want more deals — it needs more deals. When companies start listing, buying, selling, and merging like it’s a Black Friday clearance rack, Goldman gets paid.

Why investors should care

If the IPO machine and M&A pipeline really do thaw out, Goldman’s advisory and underwriting business can catch a serious tailwind. That’s the kind of setup that can help a financial stock look less like a sleepy bank and more like a fee-printing machine.

Meanwhile, this story was bundled with a whole CNBC lightning-round buffet — from TSM’s chip crunch to Thermo Fisher’s asset sale — but Goldman was the headline act. Big picture: when the deal cycle turns, the banks with the deepest benches tend to feast first.