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Wedbush updates tech stocks outlook for 2024 after hot CPI print

April 12, 2024 3:00 PM EDT

After Wednesday's hotter-than-expected CPI print, analysts at Wedbush updated their outlook for tech stocks in 2024, saying that earnings season is a catalyst for stocks in the sector.

On Wednesday, it was revealed that both headline and core prices rose 0.4% month-on-month in March

However, Wedbush's view is that despite the print, tech stocks will go higher... More

Citi updates its Nifty 50 target

April 12, 2024 9:18 AM EDT

Analysts at Citi revealed a new Nifty 50 March 2025 target in their India equity strategy note this week.

The investment bank explained that it expects Nifty/Citi Universe earnings growth at 8% and 7% year-on-year, respectively. Excluding energy, they see Nifty/Citi Universe earnings and EBITDA growth flattish and in the... More