SPY News: Wall Street just gave its highest S&P 500 forecast yet - 9th Apr 2024, 2:41am

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The high-water mark for stock projections in 2024 has once again moved up.

In a new note to clients on Monday, Wells Fargo head of equity strategy Christopher Harvey boosted his year-end target for the S&P 500 (^GSPC) to 5,535 from 4,625. This marks the highest call for the S&P 500 by year-end among strategists tracked by Yahoo Finance and reflects about 6% upside from where the benchmark average opened on Monday.

Harvey believes the current market moment has investors looking past the possibi...

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