Traders add to bets on Fed rate cuts after soft inflation data

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Citi Lowers SP500 Y/E PT to 5600 (from 6500)

April 13, 2025 11:27 AM EDT

Citi Lowers SP500 Y/E PT to 5600 (from 6500).

The analyst comments "On the heels of Liberation Day, subsequent drawdown, and followed by Wednesdays 90-day reprieve, we are lowering our S&P 500 year-end projection to 5800, triggered by a reduction in our 2025 EPS estimate to $255 from a previous $270 and amplified by... More