Goldman Sachs Raises Estimate on Year-End S&P 500

By on July 20, 2009

Goldman Sachs, the devil in some eyes, lifted their estimate on the year-end value of the S&P 500 to 1060 from 940. They cautioned there was a significant risk of a double dip recession.

Goldman also raised their estimate on S&P 500 operating earnings to $52 from $40 for the current year.


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