Goldman Sachs Slashes S&P 500 Price Target, Sees Negative Return for U.S. Stocks
Flat is the new up.
Goldman Strategist Lowers S&P 500 Target
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Goldman Sachs now expects the S&P 500-stock index to finish in the red in 2015.
Chief U.S. equity strategist David Kostin lowered his year-end price target for the S&P 500 to 2,000, from 2,100, citing slower than anticipated growth from the world's two biggest economies and lower-than-expected oil prices.