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Goldman Sachs on why the S&P 500 could go higher than their 4500 target

Goldman Sachs’ chief U.S. equity strategist David Kostin was speaking in an interview on Tuesday. He said it’s possible the S&P 500 overshoot his 12-month target of 4,500 ... “The upside potentially would be that rates fall a little bit”arguing that lower rates have led to valuation expansions in the pastalso watch for better-than-expected earnings, these could also trigger stocks past that target level This article was written by Eamonn Sheridan at www.forexlive.com... Read More

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Posted: Sep 12 2023, 21:51

Author Name: forexlive

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