ICYMI – Deutsche Bank raised its 2024 year-end S&P 500 target to 5,500

I posted yesterday on Morgan Stanley raising their forecast (big time), including this handy guide from who’s calling what via Dow Jones / Market Watch:

You”’ see the Deutsche Bank forecast in there, raised to 5500 from previously at 5100.

DB cite a strong earnings cycle, more good news to come from this.

• While all the growth may not materialize this year, we see market confidence in a continued recovery rising by year-end, supporting equity multiples

This article was written by Eamonn Sheridan at www.forexlive.com.