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Goldman Sachs Lifts S&P 500 Estimates
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Goldman Sachs Lifts S&P 500 Estimates
Analysts at Goldman Sachs (GS) have raised their 2009 price target for the S&P 500 from 940 up to 1060, almost thirteen percent higher than the previous estimate.  The firm expects the markets to experience a sustained bear market rally through the end of 2009 and encourages clients to go long cyclical sectors like energy, materials, financial and IT and exit defensive sectors like consumer staples, health care and telecom.
Video Length: 0
Date Found: July 20, 2009
Date Produced: July 20, 2009
View Count: 0
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