Goldman Lifts S&P 500 Targets With Caution on Market Optimism

The outlook for US equities is improving as trade tensions with China ease, though pricing is already looking optimistic given lingering uncertainties, according to Goldman Sachs Group Inc. strategists.

A team led by David Kostin lifted their three-month target for US equities to 5,900 — or a gain of less than 1% from current levels, implying that the recent advance is set to stall.