Three’s a trend. Citi is the latest to bump S&P 500 target, but

Citi is the latest to bump S&P 500 target, but it sees opportunistic pullbacks coming. Story by Barbara Kollmeyer ... Three’s a trend. Citi is the latest to bump S&P 500 target, ...

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Citigroup Lifts S&P 500's Year-end Target To 4,600 - Yahoo Finance

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Jul 31, 2023 · The bank sees the S&P 500 ending 2023 at 4,600 points, a 0.4% uptick from Friday's closing of 4,582.23. For 2024, the outlook seems brighter with Citi seeing the index …

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Citigroup Lifts S&P 500's Year-end Target To 4,600 - Reuters.com

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July 31 (Reuters) - Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability of a soft landing for the U.S. economy, as well as, an earnings upside. The …

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Citigroup Lifts S&P 500's Year-end Target To 4,600 - Yahoo Finance …

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Jul 31, 2023 · The bank sees the S&P 500 ending 2023 at 4,600 points, a 0.4% uptick from Friday's closing of 4,582.23. For 2024, the outlook seems brighter with Citi seeing the index …

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S&P 500 May Rise To 5,100 By End Of 2024 As U.S. Stock-market …

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Dec 8, 2023 · Citi's price target for the end of 2024 is premised on its estimate that the S&P 500's earnings per share will increase to $245, equity analysts led by Scott Chronert said in a …

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Nvidia's Stock Packs 50% More Upside, Says Wall Street's New …

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Jun 18, 2024 · In terms of earnings growth, the company also "is in the driver seat and alone is responsible for $4.20 of the $22.40 S&P 500 EPS growth," he added. See more: Three's a trend.

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FAQs about Three’s a trend. Citi is the latest to bump S&P 500 target, but Coupon?

What is Citi's target for the S&P 500 in 2023?

Citi analysts, led by managing director Scott Chronert, currently have a year-end target of4,000 for the S&P 500. closed Monday at 4,273.79, up 11.3% so far in 2023. Still, Citi analysts are “fundamentally confident” in their year-end forecast for the S&P 500 along with an expected trading range around it of 3,800-4,200, according to the note. ...

Is Citi still expecting a rally at the end of the year?

Citi has cut its S&P 500 target — but is still expecting a rally at the end of the year. This feature is powered by text-to-speech technology. Want to see it on more articles? Another day, another price target reduction. Strategists at Citi have reduced their year-end S&P 500 target to 4,000 from 4,200, and produced a 2023 target of 3,900. ...

Will Citi's S&P 500 forecast a recession in 2023?

Citi pushed out its probability of a U.S. recession to the first half of 2024 from the last quarter of this year. The new S&P 500 projections better reflect that, the bank's strategists said. The Wall Street bank now projects earnings of $220 per share in 2023 for companies on the S&P 500, up from the $215 projected earlier. ...

What's behind Citi's revised 4700 target for 2022?

“Our base 4700 target in place since early March accounted for geopolitical overhang on valuations but with an economic soft landing,” the Citi analysts said. Their revised S&P 500 target for 2022 was determined by blending their “soft landing” and recession scenarios. ...