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

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.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

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
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »