Goldman Sachs sees upside for the S & P 500 for the rest of this year as corporate earnings strengthen.
Chief U.S. Equity Strategist David Kostin hiked his year-end S & P 500 price target by 400 points, or about 7.7%, to 5,600.
.SPX YTD mountain S & P 500 index in 2024.
That's 11.6% off where the S & P 500 wrapped up last week.
The S & P 500 has climbed nearly 14% since the start of 2024.
Persons:
Goldman Sachs, David Kostin, Godman, Kostin, Goldman
Organizations:
Chief U.S, Equity, Microsoft, Nvidia, Wall, CNBC