Goldman Sachs Lifts STOXX 600 Target to 660

By EC Assets · Published 1 June 2026

Goldman Sachs has increased its 12-month target for the STOXX 600 index. The U.S. brokerage now targets 660 for the index. This adjustment is attributed to resilient corporate earnings growth. Goldman Sachs cited robust corporate earnings growth in Europe. This growth occurred despite ongoing geopolitical tensions. The firm also noted continued support from various factors. The revised target reflects this environment. The STOXX 600 index recently lost 1.1% at the close on one occasion. Earnings from the tech sector provided a lift. Defensive sectors, including utilities and health care, also led during that period. Goldman Sachs' previous target for the index was not mentioned in the immediate context of the new target. This article is intended for informational purposes only. It does not constitute investment advice.