WebMar 12, 2024 · The strategists now expect earnings-per-share to grow an annual 5% to $221 in 2024, down from a previous estimate of 8% growth to $226. Goldman’s initial year-end target of 5,100 points for the S&P 500 was cut last month, following a rout caused by fears that the Federal Reserve will have to tighten its policy more aggressively than ... WebOct 10, 2024 · Oct 10 (Reuters) - Goldman Sachs cut its U.S. economic growth target to 5.6% for 2024 and to 4% for 2024 citing an expected decline in fiscal support through the end of next year and a more ...
Goldman Sachs just cut its official S&P 500 forecast for 2024 ... - MSN
WebSep 23, 2024 · Goldman initially saw the S&P 500 finishing the year at 5,100. Then, following a vicious January selloff that doubled the VIX over the course of a few days, Goldman cut their S&P price target to ... WebFeb 12, 2024 · Goldman Sachs Group Inc. strategists lowered their forecast for U.S. stock returns this year as the prospect of more aggressive monetary tightening weighs on valuations. The strategists cut their ... sgcs usf
Goldman Sachs cuts S&P 500 forecast to under 5,000 as ... - Reuters
WebSep 24, 2024 · ‘A hard landing scenario is inevitable’: Goldman Sachs Chief U.S. Equity Strategist David J. Kostin posted a target valuation for the index at 3600 by the end of the year, maintaining that ... WebFeb 12, 2024 · The strategists cut their year-end target for the S&P 500 benchmark index to 4,900 points, down from 5,100 points previously. It compares with Friday’s close of 4,418.64. The less optimistic outlook still implies 11% upside from current levels to fresh record highs, although the strategists cautioned that risks are skewed to the downside. WebSep 27, 2024 · Goldman cut its calendar year 2024 and 2024 global auto production forecast to 75 million and 85 million, respectively. ... The bank has a $59 price target on the stock, 13% higher than GM's share ... the underground army