Goldman Sachs ups S&P 500 forecast but cuts earnings outlook

📆 30/07/2019 03:07 م
📰 CNBC

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 72%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Goldman Sachs raised its 2019 year-end price target for the U.S. benchmark S&P 500 index by 3% to 3,100 points on Tuesday.

index by 3% to 3,100 points on Tuesday, but revised down its earnings estimates, citing weakness in economic activity and margin outlook.

But despite the earnings squeeze it's still positive on a further rise for stock markets. The new price target for the S&P 500 implies a 24% full-year gain for 2019. It also set a 2020 year-end price target of 3,400, a 10% rise from the 2019 target.

اكتب تعليق

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

UPS downgraded by Stifel: Investments could limit earnings growth next yearStifel downgraded UPS to hold from buy and maintained its $118 per share price target They caught short . Don’t follow bad advice b They wrong
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »