Goldman Sachs cuts S&P 500 target to 4,700, sees lower earnings growth

Mar. 14, 2022 8:03 AM ETSPDR S&P 500 Trust ETF (SPY), SP500TLT, TBTBy: Kim Khan, SA News Editor22 Comments

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Chris Hondros/Getty Images News

Higher commodities prices and lower expectations for U.S. GDP have Goldman Sachs' equity team cutting its broader market forecast.

Strategist David Kostin and team now expect the S&P 500 (SP500) (NYSEARCA:SPY) to end the year

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