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UBS has raised it year-end S&P 500 goal to five,400

Through a word on Tuesday, UBS confirms its lifted its S&P 500 year-end goal to five,400

  • revised its 2024-2025 earnings outlook, rising the 2024-25 EPS estimates from $235 to $240, and $250 to $255

Re sectors

  • says Well being Care stays their most popular alternative inside defensive investments
  • spotlight potential in cyclical sectors as a result of ongoing financial resilience
  • monetary sector stands on a couple of fronts; from rising rates of interest, a potential rebound in mergers and acquisitions (M&A) exercise, and relaxed lending standards

Tuesday was an fascinating one, primarily one-way visitors (decrease)

This text was written by Eamonn Sheridan at www.forexlive.com.

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