Infrastructure Capital raises 12-month S&P 500 target to 6,000
==========

Infrastructure Capital has raised its 12-month target for the S&P 500 to 6,000. The new target represents a significant increase from the previous target of 5,000. The decision to raise the target is based on expectations of strong economic growth, low interest rates, and positive corporate earnings. Infrastructure Capital believes that these factors will continue to drive the stock market higher in the coming months. The new target of 6,000 implies a potential upside of approximately 20% from current levels. The firm also notes that the S&P 500 has historically exceeded its 12-month target, suggesting that the index could go even higher than 6,000. However, Infrastructure Capital cautions that there are risks to the outlook, including inflation, geopolitical tensions, and policy changes by central banks. Overall, the firm remains optimistic about the prospects for the stock market and expects further gains in the months ahead.



https://www.marketwatch.com/livecoverage/stock-market-today-dow-futures-higher-as-june-winds-down/card/infrastructure-capital-raises-12-month-s-p-500-target-to-6-000-1vLm1Ea1radN5HyLQQic