UPDATE: Russian Invasion Could Occur During Olympics
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
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
