Yahoo Finance
•82% Informative
Strategists who were largely wrong about this year 's rally are raising year-end targets for the S&P 500 Index.
Societe Generale’s Manish Kabra boosted his year end target last week on the index to 4,750 from 4,300 — 25% above his original call of 3,800 heading into 2023 .
Equity funds just saw the biggest weekly inflow in 18 months on growing confidence the economy is headed for a soft landing.
“No one thought the rally would go this far this fast,” said Stephanie Lang , chief investment officer at Homrich Berg , who’s been underweight equities all year .
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