Wall Street analysts were largely bullish on Goldman Sachs after the bank's earnings topped their expectations as stronger investment banking revenue overshadowed struggles in trading that have plagued the whole industry, as well as concerns about the firm's involvement in the 1MDB scandal.

The shares surged 8 percent to their highs of the day as analysts sent their bullish notes to clients.

Here's what they are saying:

(Note: FICC refers to fixed income, currencies and commodities trading.)