Some of Wall Street's most famous sell-side institutions have given their views, with year-end target points for the S&P 500 index ranging from a low of 4200 to a high of 6100.
According to the Securities Times APP, as the third quarter is about to end, investors are now looking forward to the outlook for the US stock market in the fourth quarter and the trend of the benchmark S&P 500 index by the end of this year.
There are various opinions in the market, and some of Wall Street's most famous sell-side institutions have also given their views, with year-end target points for the S&P 500 index ranging from a low of 4200 to a high of 6100. As of Monday's close, the S&P 500 index closed at 5718.57, with a year-to-date increase of nearly 20%, currently hovering near historic highs.
The following outlines the year-end target forecasts from some of Wall Street's most popular sell-side institutions:
BMO Capital: 6100
Evercore ISI: 6000
Oppenheimer Asset Management: 5900
Deutsche Bank: 5750
Royal Bank of Canada: 5700
Bank of Nova Scotia: 5650
UBS Group: 5600
Barclays: 5600
Goldman Sachs: 5600
Citibank: 5600
Wells Fargo & Co: 5535
Societe Generale: 5500
Bank of America: 5400
HSBC: 5400
Fundstrat Global Advisors: 5200
Cantor Fitzgerald: 5000
JPMorgan: 4200
