The fast-spreading Omicron variant isn’t shaking the confidence (yet) on Goldman Sachs’ call for double-digit percentage returns for the S&P 500 next year.
Goldman’s chief U.S. equity strategist David Kostin reiterated Monday an S&P 500 target by the end of 2022 of 5,100. The figure marks a potential 12% increase in stock prices as measured from the S&P 500’s current level.
“We expect that these gains will be driven primarily by earnings per share growth of 8% combined with a stable P/E…
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