Goldman Sachs, Barclays raise European stock targets after US-Iran peace deal

Goldman Sachs, Barclays raise European stock targets after US-Iran peace deal

Goldman Sachs and Barclays raised STOXX 600 targets (660-670) after a US-Iran ceasefire cut oil ~4%, reducing stagflation risk. Energy-intensive sectors benefit from lower input costs; energy stocks face margin compression. The upside depends on ceasefire holding 60 days.