{"id":138841,"date":"2024-10-07T17:23:49","date_gmt":"2024-10-07T14:23:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138841"},"modified":"2024-10-07T17:43:16","modified_gmt":"2024-10-07T14:43:16","slug":"goldman-sachs-raises-sp-500-targets-amid-strong-earnings-outlook","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/goldman-sachs-raises-sp-500-targets-amid-strong-earnings-outlook\/","title":{"rendered":"Goldman Sachs Raises S&P 500 Targets Amid Strong Earnings Outlook"},"content":{"rendered":"

On Friday, the investment bank increased its 12-month target for the index from 6,000 to 6,300 and raised its current year-end projection from 5,600 to 6,000.<\/p>\n

This new target suggests a potential gain of 4.32% based on the index\u2019s closing value of 5,751.07 on Friday.<\/p>\n

The firm is optimistic about corporate earnings, adjusting its earnings per share (EPS) estimate for 2025 to $268 from $256, indicating an 11% annual growth. Goldman Sachs has kept its 2024 EPS estimate at $241.<\/p>\n