Global S&P Futures mixed in premarket
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June 18, 2024 7:16 AM EDT
Citi analysts have raised their S&P 500 year-end 2024 target to 5600 while also initiating mid- and full-year 2025 projections of 5700 and 5800, respectively, in a note Tuesday.
According to Citi, "Our full-year earnings estimate is increased to $250 from a long-standing above-consensus $245 estimate. For '25, we initiate a $270 estimate."
Citi's analysis considers three key influences: NVDA, other major growth stocks,... More
June 18, 2024 6:25 AM EDT
Analysts at BofA said in their weekly client flow trends note that they saw continued buyback strength last week.
There were "more near-record buybacks," according to the investment bank, with the third-largest in their weekly history since 2010. As a percentage of market cap BofA notes they have been... More
