Goldman Sachs targets for the benchmark US S&P 500, ICYMI:
Three-month target 5,900, GS see the current advance stalling in the short term
Sees 6,500 in the next 12 months
up from 6,200 previously--
Goldman cut S&P 500 forecasts twice in March, citing higher recession risk and tariff-related uncertainty. Say now that such concerns have eased:
agreement between US and ChinaBig Tech stocks should especially recoverbuy caution that the broader earnings outlook is uneven “Despite the recent improvement in the growth outlook, tariff rates will likely be substantially higher in 2025 than they were in 2024, putting pressure on profit margins"Other analysts have also revised their forecasts. Social media is alight with those lambasting changing calls. I know many years ago someone said he changes his forecasts as incoming information changes. I've yet to see a better approach for traders, but perhaps the social media pundits know better.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about icymi goldman sachs forecasts s p 500 as high as 6500 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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