© Reuters. FILE PHOTO: A road signal for Wall Avenue is seen exterior the New York Inventory Change (NYSE) in New York Metropolis, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly//File Picture
(Reuters) – BofA World Analysis has lifted its year-end goal for the to five,400, from 5,000 earlier, representing an upside of about 5% from present ranges.
The brand new goal displays the shift in composition of the index and margin resilience of firms regardless of “large swings” in rates of interest and inflation, the Wall-Avenue brokerage mentioned in a word dated March 3.
