Monday, 5 June 2017

Wall Street just made two bullish predictions for the next year

Two of Wall Street’s biggest firms published bold calls about the stock market in the coming year. S&P Global Market Intelligence on Monday raised its one-year S&P 500 target to 2,575. On Sunday evening, Morgan Stanley reiterated its 2,700 target, highlighting its fondness for S&P 500 call options despite what it says is a potentially challenging backdrop heading into 2018.

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