Tagged: Goldman sachs

Goldman Sachs 0

Goldman Sachs’ Playbook for Range-Bound Markets: Key Strategies Revealed

Early on Friday, futures for stock indices show optimism, although this could change if the nonfarm payrolls report signals strong wage inflation. The source of this optimism is a 6% rise in Apple shares after the company reported better-than-expected earnings, provided a positive outlook, and proposed additional share buybacks. Although...

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Goldman Sachs Raises S&P 500 Target to 5,200: Big Tech Takes the Lead

Goldman Sachs has raised its year-end S&P 500 target to 5,200 ahead of Nvidia Corp.’s pivotal earnings this week. The forecast largely relies on the sustained profitability of Big Tech. According to David Kostin, chief U.S. equity strategist at Goldman Sachs, the upgraded 2024 EPS forecast of $241 (8% growth)...