Home > Quick > Body

Goldman Sachs forecasts that the S & P 500 index will rise by 11% over the next 12 months.

clock
2025-07-08 02:23:31
Goldman Sachs raised its target for the S & P 500 again in less than two months, with Goldman strategists led by David Kostin writing in a note: "The Fed's earlier and deeper easing than expected, lower bond yields than we previously expected, continued strong fundamentals for large equities, and investors' willingness to ignore possible short-term earnings weakness all support our forward price-to-earnings ratio estimate for the S & P 500 from 20.4 times to 22 times. The S & P 500's 3-month, 6-month and 12-month return expectations have been raised to + 3%, + 6% and + 11%, respectively, with new targets of 6,400, 6,600 and 6,900, respectively, compared with previous forecasts of 5,900, 6,100 and 6,500, respectively. "
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.