
Analysts Raise S&P 500 Targets Amid Strong Corporate Earnings
Analysts, including Ed Yardeni, are raising their S&P 500 targets, citing 'fabulous earnings momentum' and strong corporate performance. Companies like National Vision and Cava have reported breakout quarters, contributing to the optimistic outlook.
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Yardeni Raises S&P 500 Target on 'Fabulous Earnings Momentum'
An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve interest-rate increases despite elevated oil prices. Ed Yardeni, Founder at Yardeni Research, talks about raising his S&P target and the market melt up. (Source: Bloomberg)
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