Statement by President Biden on January Consumer Price Index Report

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Go back to Statement by President Biden on January Consumer Price Index Report

Goldman Sachs Lowers 2022 S&P 500 Target to 4,900

February 13, 2022 1:28 AM EST

Goldman Sachs Economist David Kostin lowers his 2022 S&P 500 price target to 4,900 (from 5,100).

The analyst comments "Following 4Q results, we reiterate our 2022 S&P 500 EPS estimate of $226 (+8% year/year growth) and lift our 2023 EPS estimate to $240 (+6% growth) to reflect our previously discussed scenario assuming no tax reform. However,... More