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While many Wall Street strategists are racing to move their year-end targets lower as stocks sell off following Trump's stern tariff stance, one bull isn't wavering.
"We still firmly believe that these levies will eventually be negotiated lower," BMO Capital Markets chief investment strategist Brian Belski wrote in a note to clients while maintaining a 6,700 year-end target for the S&P 500 (^GSPC).
Belski's 6,700 target would represent a roughly 37% rally from current levels. Other strategists...
>>> Read more: One Wall Street bull still sees a stock market rally: 'These levies will eventually be negotiated lower'
"We still firmly believe that these levies will eventually be negotiated lower," BMO Capital Markets chief investment strategist Brian Belski wrote in a note to clients while maintaining a 6,700 year-end target for the S&P 500 (^GSPC).
Belski's 6,700 target would represent a roughly 37% rally from current levels. Other strategists...
>>> Read more: One Wall Street bull still sees a stock market rally: 'These levies will eventually be negotiated lower'