Bank of America Unveils S&P 500 Targets As Wealth Advisory Firm Says Investors Pricing In Goldilocks Scenario for Stock Market: Report

Bank of America Unveils S&P 500 Targets As Wealth Advisory Firm Says Investors Pricing In Goldilocks Scenario for Stock Market: Report

Bank of America (BofA) believes corporate America will send the S&P 500 soaring to new all-time high levels. Despite President Trump’s trade war, BofA strategists including Savita Subramanian and Jill Carey Hall predict that the S&P 500 will hit 6,300 by the end of the year and skyrocket to 6,600 in 12 months, reports Bloomberg.... The post Bank of America Unveils S&P 500 Targets As Wealth Advisory Firm Says Investors Pricing In Goldilocks Scena…

Robinhood CIO Unveils S&P 500 Targets, Says She’s ‘More Bullish’ on One Banking Sector Ahead of Earnings Reports - The Daily Hodl

A top executive at the retail-focused trading app giant Robinhood is updating her targets for the S&P 500 this year. In a new interview on CNBC’s Squawk Box, Robinhood CIO Stephanie Guild says that she believes the S&P 500 may close the year at around 6,200, though a move to 6,500 is on the table. “I started [the year] at 6,500. When tariffs hit, I said GDP could come down and that could impact earnings. Usually, a 1% hit on GDP is about a 4% hi…