Goldman Sachs lifts 12-month target for European stocks on energy price relief

Goldman Sachs lifts 12-month target for European stocks on energy price relief

Goldman Sachs on Friday raised its 12-month target ​for Europe's STOXX 600 index, ​saying European equities have the most ‌to ​gain from relief on energy supply and prices. The Wall Street brokerage expects the pan-continental index to reach 700 points, up ‌from its previous forecast of 695, implying about 5.42% upside from current levels of 664.01.

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