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In this March 15, 2012 file photo, a trader works in the Goldman Sachs booth on the floor of the New York Stock Exchange.
In this March 15, 2012 file photo, a trader works in the Goldman Sachs booth on the floor of the New York Stock Exchange.
(Richard Drew/THE ASSOCIATED PRESS)

Goldman strategist hikes year-end target for S&P 500

It doesn’t take much to stand out as a bull, given the widespread caution that defines most stock market predictions right now.

Just look at the latest views from David Kostin, a strategist at Goldman Sachs: He has now rocketed toward the front of the Wall Street pack with his forecast that the S&P 500 will rise to 2,050 by the end of the year, up from a previous target of 1,900.