Stifel raises year-end S&P 500 target to 7,800 points

S&P 500 index

S&P 500 index

SPX

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June 23 (Reuters) - Stifel raised its year-end target for the S&P 500 .SPX index to 7,800 points on Tuesday, citing strength in corporate earnings.

"The S&P 500 advance is earnings-led as a running hot economy and strong operating leverage drive explosive profit growth," the brokerage said in a note.


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