6 days ago • Posted by Martin Boujol

JP Morgan just raised its S&P 500 price target before yesterday's rally

JP Morgan believes that improving fundamentals in the labor market as well as easy monetary policy and record household savings will keep the market on its ascendant slope, even though many remain more skeptic. They raised the S&P 500 earnings per share to $230 vs. a $214 consensus. Source: Barron's

JP Morgan just raised its S&P 500 price target before yesterday's rally
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