Goldman Sachs Raises TOPIX Target Amid Strong Earnings and Foreign Inflows
Goldman Sachs has raised its 12-month target for Japan's TOPIX index to 4,400 from 4,200 due to strong corporate earnings, rising shareholder returns, and increased foreign investment. The firm forecasts continued growth in Japanese equities despite the recent record high.
Tickers: $GS
Topics: earnings growth foreign investment Goldman Sachs stock valuation TOPIX