Goldman Sachs lowers S&P 500 index target for the end of 2025

GoldenOctober2024

On March 12, Golden Data reported that Goldman Sachs lowered its year-end target for the S&P 500 index from 6,500 to 6,200, reflecting the institution’s adjustment of its fair forward price-to-earnings (P/E) valuation from 21.5 times to 20.6 times, a decrease of 4%. At the same time, the expected earnings per share (EPS) for index components were also revised downwards, with the 2024 EPS forecast decreasing from $268 to $262 and the 2025 forecast dropping from $288 to $280.

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