Goldman Sachs has raised its price target for the S&P 500

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Goldman Sachs has raised its price target for the S&P 500 by the end of 2024 to 5100, representing an 8% increase from current levels.

The new target for year-end 2024 reflects a price/earnings ratio of over 19x, while the previous target of 4700 required a multiple of 18x. The 3-month and 6-month targets are 4800 and 4900.

Source: Vikingen.se

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