Technology is awesome! Credit Suisse: S&P 500 index year-end target raised to 4700 points.

Zhitong
2023.07.19 06:02
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The Chief Quantitative Research Officer of Credit Suisse stated that due to the reduced risk of a short-term economic recession in the United States and the excellent profit prospects of technology giants, Credit Suisse has raised its year-end target for the S&P 500 index from 4,050 points to 4,700 points. Currently, the S&P 500 index is around 4,545 points, with an increase of approximately 18% since the beginning of the year.