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JPM Raises S&P 500 Year-end Target to 7,600 Points
JPM has raised its year-end target for the S&P 500 to 7,600 points, reflecting AI and technological advancements driving corporate earnings growth. The revised target implies about...
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JPM has raised its year-end target for the S&P 500 to 7,600 points, reflecting AI and technological advancements driving corporate earnings growth. The revised target implies about 6.9% upside from Monday (20) close of 7,109.14 points.

JPM also lifted its full-year corporate EPS forecast from USD315 to USD330, and raised next years EPS forecast from USD355 to USD385.

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JPM noted that after a sharp rebound from recent trough levels, coupled with lingering geopolitical uncertainties, the market is highly likely to enter a short-term consolidation phase before resuming its upward momentum. However, if conflicts are resolved swiftly, the S&P 500 could approach 8,000 points by year-end. (mn/a)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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