
finance2 years ago
"Wells Fargo Sets Street-High S&P 500 Target at 5535 Amid Stock Rally Expectations"
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.
