Goldman Sachs raises 3-, 6-, and 12-month S&P 500 forecasts

Goldman Sachs raises 3-, 6-, and 12-month S&P 500 return forecasts to +3% (6400), +6% (6600), and +11% (6900)

Citing:

• expectations of earlier and deeper U.S. interest rate cuts
• continued fundamental strength of the largest stocks