S&P 500 - Oppenheimer raised its year-end target to 5900, from 5500 previouslyEquity researchers Oppenheimer:
- We
are increasing our year-end target price for the S&P 500 to
$5,900 (from $5,500) and raising our earnings projection to $255 from
$250 for the S&P 500 in 2024. - Our upwardly-adjusted price target
and earnings projection assume a higher P/E multiple of 23.1x up from
22x with our earlier target
Earlier re the S&P 500:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: S&P 500 - Oppenheimer raised its year-end target to 5900, from 5500 previously (https://www.forexlive.com/news/sp-500-oppenheimer-raised-its-year-end-target-to-5900-from-5500-previously-20240708/)
forexlive.com