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The excitement surrounding artificial intelligence has yet to run its course on Wall Street.
Three analysts recently upgraded their forecasts for the S&P 500 (^GSPC) amid early signs that investments in generative AI are driving earnings growth at large-cap tech companies.
On Sunday, Evercore ISI's Julian Emanuel boosted his year-end price target for the S&P 500 to 6,000 from 4,750, noting the "AI revolution is in the early innings." Emanuel's target is the highest on Wall Street.
Goldman Sac...
>>> Read more: AI enthusiasm prompts 3 Wall Street banks to raise stock market forecasts
Three analysts recently upgraded their forecasts for the S&P 500 (^GSPC) amid early signs that investments in generative AI are driving earnings growth at large-cap tech companies.
On Sunday, Evercore ISI's Julian Emanuel boosted his year-end price target for the S&P 500 to 6,000 from 4,750, noting the "AI revolution is in the early innings." Emanuel's target is the highest on Wall Street.
Goldman Sac...
>>> Read more: AI enthusiasm prompts 3 Wall Street banks to raise stock market forecasts
