Goldman Sachs has revised its projections for the S&P 500, now expecting a 3-month return of +3%, a 6-month return of +6%, and a 12-month return of +11%, aiming for index levels of 6.4K, 6.6K, and 6.9K.
The expected positive performance from large-cap tech companies and upcoming Fed rate cuts likely starting in September are key factors driving this optimistic outlook.
Goldman maintains a +7% earnings-per-share growth projection for 2025 and 2026, highlighting potential for increased corporate earnings and economic growth.
Leave a Reply