Deutsche Bank Upgrades U.S. Stock Rating On Trump’s Tariff ‘Relents’—As 'TACO’ Trump Gains Popularity
8 Articles
8 Articles
Deutsche Bank revised its projection for the S&P 500 index upwards, and estimated that it could reach a potential of appreciation of more than 10% since Monday's closing.The review responds to a change in the US political-commercial environment, which has significantly reduced the risks that until a few weeks ago threatened to deteriorate expectations of corporate profits.See more: Peru accelerates stock market integration with Colombia and Chil…
Deutsche Bank Hikes S&P 500 Target as Wall Street Turns Bullish - Wall Street Pit
Deutsche Bank (DB) raised its year-end S&P 500 (SPX) target to 6,550 from 6,150, a 10.35% increase over the last close of 5,935.94, citing a resilient U.S. economy and reduced tariff-related earnings drag. The S&P 500’s strong May performance, the best since November 2023, was fueled by solid corporate earnings,…
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