Barclays raised its year-end S&P 500 target to 7,950 from 7,800, citing strong corporate earnings and continued AI investment. The brokerage expects earnings momentum to persist despite inflation, geopolitical risks and interest-rate concerns. Other major banks are also bullish, with several forecasting the index to finish the year above 8,000.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.