The reduction by Ed Yardeni, president and chief investment strategist of Yardeni Research, is notable for a few reasons, one being that he was one of the top bulls on Wall Street. (Oppenheimer as of pixel time has the top forecast with a 7,100 target for the S&P 500, which would now require a 27% surge over nine months to be met.)

A nearly 10% fall in the S&P 500 (^GSPC) has prompted Wall Street strategists to revaluate their bullish views headed into 2025. And late Tuesday night, Goldman Sachs chief US equity strategist David Kostin became the first big name on the Street to lower their year-end price target for the S&P 500 following this drop,

"It will take a while before we have greater certainty, which means we will continue to experience elevated volatility and ongoing technical pressure."Paul Christopher, head of global investment strategy at Wells Fargo Investment Institute,

Goldman Sachs has trimmed its 2025-end target for the S&P 500 Index to 6,200 from 6,500, citing increased policy uncertainty, particularly on tariffs, and worries about the economic growth outlook.

The Magnificent Seven — the group comprised of tech stocks Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL) — has been relabeled as the "Maleficent" Seven by Goldman Sachs.

Goldman's chief US equity strategist lowered his year-end price target for the S&P 500, but said there's a path to recovery for stocks.

Goldman Sachs has cut its year-end target for the S&P 500 to 6,200 from 6,500, citing a weaker U.S. economic outlook and heightened market uncertainty linked to President Donald Trump’s tariff policies.

Goldman Sachs lowers its S&P 500 target to 6,200, citing policy risks and economic concerns. The index lost $4 trillion in value.

Goldman Sachs analysts, led by David Kostin, warned that the S&P 500 rally may face further headwinds following a recent 5% pullback, according to a Monday press release. The selloff was driven by an unwinding of elevated positioning and growing economic growth concerns.

Goldman Sachs cuts its S&P 500 target to 6,200 as tariffs and recession fears fuel market volatility. Traders brace for uncertainty in US stock indices.

Key Takeaways Goldman Sachs analysts have cut their projection for S&P 500 growth this year.They cited uncertainty around Trump's tariffs and other economic growth factors as reasons for the recent market sell-off.