Goldman Sachs joins the bullish camp! Raises the S&P 500 target to 6,500 points by the end of 2025

Zhitong
2024.11.19 11:48
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Goldman Sachs raises its S&P 500 target to 6,500 points by the end of 2025, expecting a 10.3% increase in the index driven by strong economic growth and corporate earnings. Goldman Sachs' Chief Equity Strategist David Kostin noted that U.S. GDP is expected to grow by 2.5% in 2025, with corporate earnings increasing by 11%. Meanwhile, analysts warn that U.S. stocks face both upside and downside risks, predicting that the performance of the "seven giants" of U.S. stocks will outperform other components, but the gap is the smallest in seven years