Goldman Sachs Raises S&P 500 Year-End Target to 8,000, Up 6.4% from Current Levels

According to Reuters, Goldman Sachs raised its 2026 year-end target for the S&P 500 to 8,000 from 7,600, citing continued earnings strength. The bank also lifted its earnings-per-share forecast for the index to $340 for 2026, implying 24% year-over-year growth. Goldman expects AI infrastructure companies to generate about half of the index's earnings growth this year, with semiconductor stocks tied to AI infrastructure outpacing their forward earnings.
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