Wall Street's biggest bear flips, raises S&P 500 price target by 20%
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#409962b2 ver:0.6

Wall Street's biggest bear, Morgan Stanley's Mike Wilson, flips his outlook and raises S&P 500 target by 20% to 5,400. Wilson cites fading inflation, interest rate cuts, and increased uncertainty as reasons for the shift. Deutsche Bank also raises target to 5,500, while Bank of America predicts 5,640-5,750 by 2024. Strong first 100 days for S&P 500 historically indicates bullish rest of the year. The index is up 11% YTD, with Wilson warning of valuations normalizing. #StockMarket #S&P500 #BullishOutlook...

#newstr #S&p500 #StockMarket #BearishOutlook #InvestmentStrategy #MacroeconomicUncertainty 

 https://here.news/story/409962b2?ver=0.6