Goldman lifts year-end S&P 500 target price to 5600

Go back to Goldman lifts year-end S&P 500 target price to 5600

NVIDIA (NVDA) PT Raised to $200 at Rosenblatt, 'We see NVIDIA already in the $5.00 EPS plus level for calendar 2026'

June 18, 2024 6:27 AM EDT

Rosenblatt analyst Hans Mosesmann raised the price target on NVIDIA (NASDAQ: NVDA) to $200.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "We see Nvidia's Hopper, Blackwell, and Rubin series driving "value" market share in one of Silicon Valley's most successful... More

Truist: Microsoft keeping a foot on the gas in AI

June 17, 2024 12:24 PM EDT

Truist analysts believe Microsoft (NASDAQ: MSFT) is maintaining its aggressive stance in the AI sector, positioning itself as a leader in the software industry.

The investment firm states that Microsoft is one of its focus names in the sector heading into the quiet period for... More

JPMorgan: Will the more Defensive sector performance, seen so far in Q2, have legs?

June 17, 2024 11:55 AM EDT

JPMorgan analysts believe the outperformance of defensive sectors in the second quarter will continue, in contrast to their lagging performance in Q1.

In a note Monday, the firm argues for a barbell approach favoring defensive sectors and commodities.

"Key bond proxy Defensive sectors - Utilities, Real estate and Staples - were the 3 worst performers in Q1," the note acknowledges. However, Q2 has seen a reversal, with... More

Evercore raises S&P 500 2024 year-end price target to 'Street high' 6,000

June 17, 2024 7:29 AM EDT

Evercore ISI analysts increased their year-end price target for the S&P 500, citing the transformative power of artificial intelligence (AI).

In their note titled "The AI Revolution is in the Early Innings," Evercore ISI boosted their target to 6,000, a Street high, up from their previous estimate of 4,750.

This bullish outlook rests on several factors, according to Evercore ISI. The lingering effects of the... More