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Goldman Sachs Lifts 12-Month Target for European Stocks on Energy Price Relief

Summary by The Edge Markets
BENGALURU (Nov 13): 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.
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Goldman Sachs is revising its estimates for European stocks upwards, raising the 12-month target for the pan-European Stoxx 600 index to 700 points, from 695 points previously.

The US investment bank estimates that earnings growth in Europe will slow to 7% in 2027, from 18% in 2026.

European stocks have the most to gain from the easing of energy costs.

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Capital.gr broke the news on Friday, November 13, 2026.
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