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Goldman Sachs' Kostin Sees S&P 500 Hitting 6,000 Next Year
By
Janet Levaux
News September 24, 2024 at 02:59 PM
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What You Need To Know
- The forecast implies a roughly 5% gain from Monday's record close of about 5,719 for the index, which is up around 20% this year.
- The average target among strategists tracked by Bloomberg currently stands near 5,523 after a rush of upgrades by various firms this year.
- Strong corporate earnings will be the primary driver of equities in the coming months, in Kostin's view.
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