The Traderszone Network

Published in TZ Latest News 6 December, 2014 by The TZ Newswire Staff

About That 2100 S&P Target For 2015, Goldman Was Only Kidding, Now Sees Even More Ridiculous Multiple Expansion

It was just one short month ago when, on the back of the soaring dollar (which has since soared even more), as well as “diminished global GDP growth and lower crude prices“, Goldman’s David Kostin cut his EPS for 2015 and 2016 from $125 and $132 to $122 and $131.

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