Goldman strategists trimmed their earnings growth forecast for the year to 7% from 9% and reduced their price-to-earnings ratio by 4%. Kostin was among analysts who were bullish on U.S. stocks last ...
U.S. stocks advanced on Wednesday as cooler-than-expected inflation data helped stanch a sharp selloff, while the escalation ...
Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a ...
The investment firm takes a second look at the broad index.
According to Lee, that doesn't quite jive with a stock market signaling a 40% probability of a recession. Lee compared the current roughly 10% stock-market pullback with 24%, the median decline that ...
Goldman's chief US equity strategist lowered his year-end price target for the S&P 500, but said there's a path to recovery for stocks.
Rate-sensitive banks such as Well Fargo and Goldman Sachs, gained 1.9% and 1.1%, respectively, with growth stocks also rising ...
While Goldman Sachs was the first to go ahead and cut its S&P 500 target, others like Citi had recently downgraded its rating ...
Key Takeaways Goldman Sachs analysts have cut their projection for S&P 500 growth this year.They cited uncertainty around ...
For equities, a team led by David Kostin cut their year-end S&P 500 target to 6,200 points from 6,500, citing a dimmer ...
Investment bank Goldman Sachs (GS) has become the first Wall Street firm to lower its year-end target on the benchmark S&P ...
Goldman Sachs cuts S&P 500 target to 6,200 for 2025, citing market uncertainty, tariffs, and Magnificent Seven stock struggles.
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