Nasdaq Erases Decline, Goes Green
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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Goldman Sachs Lowers 2022 S&P 500 Target to 4,900
February 13, 2022 1:28 AM ESTGoldman 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
