SentimentEdge report

Jason Goepfert

6-30-2020 at 1:30 pm

Wall Street has never been more confused

Wall Street strategists have been slow to increase their year-end price targets for the S&P 500. Through the end of June, their current price target is tied for the lowest in 20 years. There is wide variability among the price targets, showing a lot of confusion. Overall, they're not giving the S&P much room to rally over the next 6 months, which has tended to be a good sign.

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