Goldman Sachs updated its stance on Zalando SE (ETR:ZALG) (ZAL:GR) (OTC: ZLNDY) stock, increasing the price target to EUR42.50 from the previous EUR37.00 while maintaining a Buy rating.

Goldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm's ...