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Wall Street's high mark for stock market returns in 2024 keeps moving up.
BMO Capital Markets chief investment strategist Brian Belski boosted his year-end price target for the S&P 500 (^GSPC) to 5,600 from 5,100 in a research note on Wednesday, noting that momentum in the market is "likely to persist." Belski's 5,600 target reflects about 7% upside from Monday's close.
"We are comfortable with this because we believe the market is behaving in a similar fashion to 2021 and 2023 â years wh...
>>> Read more: Wall Street just gave its highest forecast yet for the S&P
BMO Capital Markets chief investment strategist Brian Belski boosted his year-end price target for the S&P 500 (^GSPC) to 5,600 from 5,100 in a research note on Wednesday, noting that momentum in the market is "likely to persist." Belski's 5,600 target reflects about 7% upside from Monday's close.
"We are comfortable with this because we believe the market is behaving in a similar fashion to 2021 and 2023 â years wh...
>>> Read more: Wall Street just gave its highest forecast yet for the S&P
