Citigroup lifts S&P 500 target to 8,100 ahead of CPI test

MSN
2026.06.09 14:55
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Citigroup raised its S&P 500 year-end target to 8,100, citing AI-driven earnings growth and supportive forecasts from other brokerages. While stocks rebounded from a tech sell-off, upcoming CPI data may determine if the rally continues or faces correction. Investor sentiment remains divided, with some valuing strong fundamentals while others caution against risks from high yields, energy prices, and potential AI sector cooling.