"Wells Fargo Sets Street-High S&P 500 Target at 5535 Amid Stock Rally Expectations"
TL;DR Summary
Wells Fargo has raised its year-end target for the S&P 500 to 5,535, citing the potential for a "melt-up" in the second half of the year. The bank's strategists believe that strong earnings and economic growth will drive the stock market higher, despite concerns about inflation and interest rates.
- Wells Fargo hikes S&P 500 year-end target to 5,535 CNBC
- Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5535 Yahoo Finance
- Stock Market Today: Dow edges up after worst week in a year as 10-year yield rises MarketWatch
- Wells Fargo ups its year-end S&P 500 target to 5535 (SP500) Seeking Alpha
- Wells Fargo Has Highest Target for S&P 500 Index on Stock Rally Expectations Bloomberg
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