Barclays and UBS Raise S&P 500 Year-End Targets on Strong US Economy, Big Tech Earnings
Barclays has raised its year-end 2024 target for the S&P 500 stock index to 5,300 from 4,800, citing the strong U.S. economy and earnings strength from 'Big Tech.' UBS also increased its S&P 500 year-end target to 5,400. The US economy is defying rates headwinds in 2024.
Sources
Reuters
Barclays boosts S&P 500 target on strong US economy, Big Tech profits https://t.co/Digy6wC7RK https://t.co/A2fPRxjmnK
PiQ ⚠️ BARCLAYS BOOSTS S(and)P 500 TARGET ON STRONG US ECONOMY, BIG TECH PROFITS (Reuters) Barclays on Tuesday raised its year-end 2024 target for the S&P 500 stock index to 5,300 from 4,800, pointing to resiliency in the U.S. economy and earnings strength from "Big Tech."… https://t.co/Iim0Yp6U5y
Special Situations 🌐 Research Newsletter (Jay) Barclays $BARC raises its target for S&P 500 SPX from 5300 from 4800 for 2024 Every sell side firm has a 23 year old analyst frantically changing their year end numbers as the market blows through their 2023 targets
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