July Rally Has Strategists Raising Targets

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Includes: IVV, SPY
by: TickerSense

Four prominent financial institutions have either raised their S&P 500 year end targets or EPS estimates last week. Below we detail those forecasts and where the consensus for the market. Currently the average price target is 1007 or a further 3% rally through the end of the year (firm names are available to our mini-institutional clients).