Goldman Sachs raises S&P 500 target to 5,600 on upbeat profit outlook
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#409962b2 ver:0.68

Wall Street is bullish on the S&P 500, with Goldman Sachs raising its year-end target to 5,600 and Morgan Stanley's Mike Wilson changing his bearish outlook to a target of 5,400. Deutsche Bank also raised its target to 5,500. Positive earnings and economic growth are driving the optimism, but caution remains as valuations normalize. Bank of America predicts the S&P 500 to reach 5,640-5,750 by year-end. Historical data shows strong first 100 days for the index indicate a bullish rest of the year. The S&P 500 is up 11% YTD, and if the trend continues, it could reach 6,000. #S&P500 #stockmarket #bullish...

#newstr #S&p500 #GoldmanSachs #EquityStrategists #EarningsGrowth #UsEconomy 

 https://here.news/story/409962b2?ver=0.68