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Another Wall Street bank has boosted its S&P 500 target. Here’s why.

Por: MarketWatch Business January 16, 2024

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But we’re tuning into the optimists for Tuesday, with a call of the day from a Wall Street bank that has leapfrogged its year-end stock outlook. A team of strategists at UBS led by Jonathan Golub now expect the S&P 500 to finish the year at 5,150 from a prior 4,850. Their outlook from last year had warned that odds were in favor of a better turnout for stocks, with robust earnings, easing inflation and monetary policy and an improved economic... + full article



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