By Jiaxing Li
HONG KONG (Reuters) – Goldman Sachs raised its target price for emerging markets stocks on Thursday, projecting that the AI-powered rally in Chinese equities could boost other markets as well.
The brokerage raised its 12-month target for MSCI Emerging Markets Index by 3%, reaching 1,220 from 1,190, indicating an 11% potential upside from current levels.
The increase reflects Goldman Sachs’ recent adjustment to its MSCI China target, driven by the impact of AI adoption on…
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https://finance.yahoo.com/news/goldman-sachs-raises-emerging-markets-025025531.html