Goldman Sachs forecasts the S&P 500 will reach 8000 points by year-end 2026, following a 14.37% Q1 revenue growth driven by a surge in investment banking fees. The firm is currently serving as the lead advisor for major upcoming IPOs, including OpenAI and SpaceX. Due to strong earnings and price performance, Goldman Sachs was added to the Zacks Focus List as a top pick, while MSCI Inc. was also highlighted for expected market outperformance.
The Danish energy trader is expanding into U.S. physical gas markets despite reporting a sharp drop in annual pre-tax profits to €2.95 million.
Read the full storyZacks Investment Research has added Goldman Sachs and MSCI to its curated Focus List, citing strong price momentum and robust earnings growth potential.
The bank posted a 48% surge in investment banking fees while securing lead advisory roles for OpenAI and SpaceX IPOs.
The investment bank issues a bullish outlook for U.S. equities, highlighting dividend-paying stocks as a key driver for passive income seekers.