RBC Raises Year-End S&P 500 Target, Cautions on Gaining Momentum

Thursday, 28 March 2024, 13:41

RBC Capital Markets’ head of U.S. equity strategy revises the year-end S&P 500 forecast from 5,150 to 5,300, citing challenges in achieving further gains in the market.
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RBC Raises Year-End S&P 500 Target, Cautions on Gaining Momentum

RBC Updates S&P 500 Target

RBC Capital Markets’ Lori Calvasina raises the year-end forecast for the S&P 500 from 5,150 to 5,300, signaling a positive outlook for the index.

Challenges in Market Gains

Lori Calvasina believes that despite the increased target, the market may face difficulties in sustaining growth momentum.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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