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Goldman lifts S&P 500 target to 5,200 on profit expansion
short by Usha Kunji / on Monday, 19 February, 2024
Just months after setting a 2024 target for the S&P 500 Index, Goldman Sachs Group Inc. strategists have boosted their forecast for a second time as the stock market eclipsed the significant 5,000 milestone this month.'Increased profit estimates are the driver of the revision,' a team led by David Kostin wrote in a note to clients dated Friday.
read more at NDTV Profit