JPMorgan raises S&P 500 target to 7,800 citing earnings growth and Iran deal
JPMorgan Chase has raised its S&P 500 year-end target to 7,800 points, saying US stocks are approaching a "blue sky" scenario. The bank cited stronger-than-expected corporate earnings growth and a potential peace deal to end the Iran war as the main drivers. The revision marks a significant upgrade to JPMorgan's outlook for US equities.
Comments
No comments yet — be the first to weigh in 👇
No comments yet. Be the first!