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It was bound to happen. After being kicked to the Wall Street curb for the last four years, there's a new claim that Goldman Sachs Group (GS -0.49%, news) is about to enjoy a renaissance, some now claim. Media and analysts are swooning over the so-called vampire squid. They argue that most legal risks have been reconciled. The stock is oversold, they say. Goldman has emerged stronger from a painful pruning, shedding thousands of jobs. Finally, and most importantly, they say, the bank appears ready to pounce on a sharp rise in trading volume. Goldman shares, according to the Sept. 29 issue of Barron's, are poised to rally as much as 25%. I'll even add a reason of my own: For all of its missteps, Goldman doesn't seem to have lost its blue-chip client base. Year to date, the investment bank has advised more mergers and acquisitions than any other bank in the world, gleaning $1.13 billion in revenue, according to Dealogic.