Jefferies lifts S&P 500 annual target to 6,600

Published 2 months ago Neutral
Jefferies lifts S&P 500 annual target to 6,600
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(Reuters) -Jefferies lifted its year-end target for the S&P 500 index to 6,600, highlighting robust corporate earnings as a key factor likely to ease concerns about the health of the U.S. economy, it said in a note on Sunday.

Previously, the brokerage had set its year-end target for the benchmark index at 5,600, making it the sole firm with a projection below the 6,000 mark.