Analyst sends bold stock market message as S&P 500 hits new highs
View original at finance.yahoo.comAnalyst sends bold stock market message as S&P 500 hits new highs TheS&P 500 is grinding higher, even as investors remain stuck in neutral…
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S&P 500 price target of 7,200
60% confidenceS&P 500 price target of 7,500
60% confidenceS&P 500 price target of 7,800
60% confidenceThe big banks are still posting superb loan growth
60% confidenceThe Fed's latest read on regional activity still points to more growth than weakness
60% confidenceS&P 500 price target of 7,600
60% confidenceAs analysts dial back their forecasts, even a relatively robust earnings season looks better than feared
60% confidenceThe underlying economy has been very strong, which explains why stocks continue to climb rather than buckle under pressure
60% confidenceThe recent rally is just optimism that markets are speeding towards clarity, even though there's nothing conclusive to go on
60% confidenceUnemployment remains low and jobless claims aren't flashing a panic signal
60% confidenceS&P 500 price target of 7,650
60% confidenceThe data simply don't line up with the doom-and-gloom narrative
60% confidenceS&P 500 price target of 7,100
60% confidenceThe market's message is much more optimistic than the headlines suggest
60% confidenceThe markets are forward-looking, and they already show that worst-case fears haven't materialized in the real economy
60% confidenceS&P 500 price target of 7,700
60% confidenceInvestors are misreading the risks
60% confidence
Data points we hold from this source
| Barclays · price target | 7650 index_level |
| Morgan Stanley & Co. LLC · price target | 7800 index_level |
| Goldman Sachs & Co. LLC · price target | 7600 index_level |