BAML hikes its year-end S&P (SPY) target to 1,750, with the team noting a strict medium-term...

|By:, SA News Editor
BAML hikes its year-end S&P (SPY) target to 1,750, with the team noting a strict medium-term fundamental/valuation analysis calls for just a 1,720 target. Experience shows, however, that tactical, technical, and sentiment models need also be incorporated. Adding those in boosts the gauge to 1,750 compared to the current price of 1,682.