Wall Street banks, including Goldman Sachs, have raised their stock market forecasts for the S&P 500 due to increasing AI enthusiasm and strong earnings growth. Targets have been revised upwards, with Goldman now targeting 5600, up from 5200.
Wall Street is boosting its $SPX targets, with Goldman Sachs' David Kostin raising his target to 5600. He joins @saraeisen & @carlquintanilla to discuss why strong earnings growth is raising the stakes for the market. https://t.co/KqAjJu1ZXL
#Goldman ups S&P 500 target for a third time — and says 6,300 is possible
There's a new Wall Street high price target for the S&P 500 in 2024 👀 https://t.co/hiDEfSDhrf
Since Friday, year-end S&P targets have gone up. * Goldman: 5,200 —> 5,600 * Evercore ISI: 4,750 —> 6,000 * Citigroup: 5,100 —> 5,600 https://t.co/p3cytp520m
AI enthusiasm prompts 3 Wall Street banks to raise stock market forecasts https://t.co/m3wjp1WsGD by @_JoshSchafer