(Reuters) – Goldman Sachs raised its 12-month price forecast for Europe’s STOXX 600 index on Friday, citing factors such as lower risk premium, reduced energy prices, improved consumer confidence, and stronger economic growth as the key drivers. The brokerage raised its forecast to 580 from 540. (Reporting by Kanchana Chakravarty in Bengaluru; Editing by Sherry […]
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Goldman Sachs raises 12-month STOXX 600 forecast
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(Reuters) – Goldman Sachs raised its 12-month price forecast for Europe’s STOXX 600 index on Friday, citing factors such as lower risk premium, reduced energy prices, improved consumer confidence, and stronger economic growth as the key drivers.
The brokerage raised its forecast to 580 from 540.
(Reporting by Kanchana Chakravarty in Bengaluru; Editing by Sherry Jacob-Phillips)