Wells Fargo Abruptly Hikes Year-End S&P 500 Target, Unveils ‘Biggest Risk’ to Stocks As Geopolitical Tensions Ease: Report

Economists at the US banking giant Wells Fargo are suddenly hiking their year-end S&P 500 target. Wells Fargo is now forecasting the S&P 500 will close out the year at 7,950, up from its previous prediction of 7,300, a nearly 9% increase, reports Reuters. The bank’s economists site three main factors for the index hike […]
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