Goldman Sachs strategist has raised the year-end forecast for the S&P 500 index from 5,200 points to 5,600 points, citing less negative profit revision than the average level and an elevated determination of reasonable level of price-to-earnings ratio. 'We maintain our profit forecasts for 2024 and 2025, but the impressive profit growth of the five major technology stocks offset the typical pattern of negative adjustment to the consensus earnings per share expectations,' strategist David Kostin and others said in a report to clients on Friday.
高盛第三次上调标普500指数年底目标位 由5,200点上调至5,600点
Goldman Sachs has raised its year-end target for the S&P 500 index for the third time, from 5,200 points to 5,600 points.
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