Goldman Sachs have outlined a scenario taking the S&P500 to 3150. Morgan Stanley see 3400.

I posted on Goldman Sachs here:

Goldman Sachs S&P500 forecast scenarios - median recession takes it to 3150

Morgan Stanley are looking for a "tradeable low" in the S&P500. Analysts at the firm suggest a price heading towards 3,400 will need to be seen before such a low is in.

Citing "growing evidence of slowing growth and the risk to earnings".