menu search

UBS targets S&P 500 to 4,400 in 12 months

UBS targets S&P 500 to 4,400 in 12 months
UBS targets for the S&P 500 are:4100 for December 2023then to 4400 for June of 2024UBS is looking for the numbers citing the economy being more resilient than anticipated. Say that Q2 should be the quarter when earnings growth bottoms. Profits for the S&P 500 could exceed estimates but still fall 3 to 5% from the previous year.profits could increas marginally if the energy sector were excludedQ3 guidance should also be favourablefull-year 2023 & 2024 S&P 500 EPS estimates of $215 (-2% y/y) and $... Read More
Posted: Jul 20 2023, 23:36
Author Name: forexlive
Views: 080952

Search within

Pages Search Results: