Goldman Sachs raises TOPIX 12-month target to 4,500 on weaker yen outlook
Investing.com – Goldman Sachs raised its 12-month target for Japan’s benchmark index to 4,500 from 4,400, citing expectations of a weaker yen that will bolster corporate earnings despite short-term market volatility driven by artificial intelligence and geopolitical concerns, according to a research note. The revised target implies roughly a 12% upside from the TOPIX’s close of…
