Now that the S&P 500 has staked yet another record high, the stock market indicator may have nowhere else to go.
Goldman Sachs analysts believe the index may climb a bit higher before its ascent is over at least for the next 12 months. Strategist David Kostin and his team see the index rising to 2,150 in the next couple of months-another 1 percent or so from its mid-day levels Monday-before seesawing around and ultimately settling around 2,100 by year's end.
The next 12 months hold little prospect for gain, according to the analysis, with the index at just 2,125 in 12 months, which would be basically flat from here. ( Tweet This )
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