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UBS S&P500 forecast is as high as 4700, base case

A snippet projection from UBS on the benchmark S&P500 index.Analysts at the bank's base case forecast for the index is to 4,500 in December 2023 and then 4,700 in June 2024. Citing:second-quarter reporting season likely marked the trough in year-over-year earnings growthguidance for the third quarter was positivewe expect S&P 500 earnings per share to be flat in 2023 and rise 9% in 2024The forecast represents what UBS analysts call a "modestly higher profile for equities over the next six to 12... Read More

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P500

Forecast

High

4700

Base

Case

S p500

Forex

Posted: Aug 21 2023, 22:10

Author Name: forexlive

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