14 days ago • Posted by William Ramstein

Bull run: JP Morgan raises S&P500 year-end target to 4.600

JPM US strategy: "We are revising higher our EPS estimates by an additional $5 to $205 for 2021 and raising our long-held 2021 year-end price target of 4,400 to 4,600. At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort". Source: TME