Goldman Sachs lifts S&P 500 index target for year-end, next 12 months
The Wall Street brokerage on Friday lifted the index target for the next twelve months to 6,300 from 6,000 and raised the current year-end target to 6,000 from 5,600. Goldman's year-end target implies an upside of 4.32% from the index's last close of 5,751.07 on Friday. Goldman is also bullish on the earnings per share(EPS) growth of corporate America, raising its 2025 EPS estimate to $268 from $256, reflecting an 11% increase on an annual basis.