Goldman Raises Its S&P 500 Target Even as Profits Slow
The Goldman Sachs Group Inc. logo is displayed in the reception area of the One Raffles Link building, which houses one of the Goldman Sachs (Singapore) Pte offices, in Singapore. (Photographer: Nicky Loh/Bloomberg)

Goldman Raises Its S&P 500 Target Even as Profits Slow

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(Bloomberg) -- While corporate America’s profit engine is about to cool, Goldman Sachs Group Inc. says a Federal Reserve interest-rate cut will continue to boost stock prices this year.
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