Wall Street's Bullish Outlook: Deutsche Bank and BMO Forecast Record Gains for S&P 500
TL;DR Summary
Deutsche Bank's strategists have made the highest forecast for the S&P 500 on Wall Street, predicting it to reach 5,100 by 2024. They believe this estimate may even be too conservative, as solid earnings this year could change perceptions in the fourth quarter, despite low year-over-year earnings per share growth and corporate uncertainty over the macroeconomic outlook.
- Deutsche Bank makes the highest S&P 500 forecast on Wall Street — and says that may be too conservative MarketWatch
- Deutsche Bank sees S&P 500 gaining more than 11% and reaching a record next year CNBC
- S&P 500: Deutsche Bank forecasts 5,100 point target in 2024 Yahoo Finance
- Deutsche Bank's Chadha Is Now One of Wall Street's Biggest Bulls Bloomberg
- BMO sees solid US stock gains ahead, S&P 500 ending 2024 at 5100 Reuters
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