S&P 500 Predicted to Soar to New Heights in 2021
TL;DR Summary
Goldman Sachs maintains its baseline view that the S&P 500 will reach 4500 by the end of the year, despite the index already returning 17% in the first half of 2023. The investment bank attributes this projection to modest earnings growth and a flat multiple. Currently, the S&P 500 hovers around the 4410 level, and Wall Street has not seen the 4500 marker since April 2022.
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