Why JPMorgan sees the S&P 500 climbing another 6% before year-end despite Wall Street's economic growth concerns

Why JPMorgan sees the S&P 500 climbing another 6% before year-end despite Wall Street's economic growth concerns

Why JPMorgan sees the S&P 500 climbing another 6% before year-end despite Wall Street's economic growth concerns - JPMorgan bumped its S&P 500 price target for 2021 to 4,700, from 4,600. - The firm remains bullish on the outlook for stocks as many on Wall Street are calling for a correction. - According to JPMorgan, the recent economic slowdown is Delta-driven and temporary. - Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Amid a handful of Wall Street firms scaling back their stock market outlooks for the rest of the year, JPMorgan is remaining bullish. In a recent note, a team of equity strategists led by Dubravko Lakos-Bujas said they're confident that strong growth lies ahead despite concerns that the recent downshift in economic and …
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