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Goldman Sachs raises S&P 500 index target again
On October 8, Jin Shi Data reported that Goldman Sachs has once again raised its year-end target for the S&P 500 Index to 6300 points (previously 5600 points) and raised its 12-month target to 6300 points (previously 6000 points). At the same time, it added that these targets may be 'too low.' Goldman Sachs said, 'Our economists' forecast for US GDP rise is higher than the market consensus, and stable macroeconomic prospects will continue into next year, which is conducive to moderate expansion of corporate profit margins. It is expected that the semiconductor cycle will recover, and the strength of large tech companies will continue to increase.'