S&P Market News Update : Epic Research Singapore

Some of Wall Street’s biggest bears have turned into bulls, but top strategists still see room for only a modest rise by the S&P 500 index through the end of the year.

On Tuesday, Wells Fargo’s Gina Martin Adams threw in the towel. Previously among the most bearish strategists on the Street with a 1,850 year-end target for the S&P SPX, +0.36% Adams, the bank’s senior equity strategist, dropped her year-end forecast and replaced it with a 12-month target of 2,100.

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