Goldman Sachs details its 1575 price target on the S&P 500 in 2013: Expecting better growth...

|By:, SA News Editor

Goldman Sachs details its 1575 price target on the S&P 500 in 2013: Expecting better growth than most, the firm likes cyclical over defensive sectors, and tech over staples, telecom, and health care. A "grand bargain" in D.C. along the lines of Simpson-Bowles "would spark a PE multiple expansion and a higher target."