RBC 'nervously' raises S&P 500 year end price target to 5,700

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Go back to RBC 'nervously' raises S&P 500 year end price target to 5,700

Barclays: Can SPX/SPW returns keep up the pace?

July 2, 2024 7:14 AM EDT

In a note Tuesday, Barclays questioned whether the S&P 500 (SPX) and S&P 500 Equal-Weight (SPW) can sustain their current performance, citing a historical pattern of back-loaded returns.

"SPX/SPW returns are historically back-end loaded," the analysts note, highlighting 2023's "narrow, front-end heavy rally" as an exception. With... More