Goldman Sachs on why the S&P 500 could go higher than their 4500 target

<p>Goldman Sachs’ chief U.S. equity strategist David Kostin was speaking in an interview on Tuesday. </p><p>He said it’s possible the S&amp;P 500 overshoot his 12-month target of 4,500 …
“The upside potentially would be that rates fall a little bit”</p><ul><li>arguing that lower rates have led to valuation expansions in the past</li><li>also watch for better-than-expected earnings, these could also trigger stocks past that target level</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.