Goldman Cuts SP Target To 4700 In Second Downgrade Of Past Month Warns Of Recession Downside To 3600

Goldman Cuts SP Target To 4700 In Second Downgrade Of Past Month Warns Of Recession Downside To 3600

In a downside scenario, we expect reduced earnings and valuation multiples would cause the S&P 500 to decline by 15% to 3600, in line with the median historical peak-to-trough price decline of 24% around past recessions.Read More


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