How high can US stocks go this year? Wall Street's top pick is 6100

Written byAInvest Visual
Tuesday, Sep 24, 2024 10:20 am ET1min read
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As the third quarter comes to a close, investors are now looking ahead to the fourth quarter of US equities and the trajectory of the benchmark S&P 500 index through the end of the year. The market is divided, with some of Wall Street's most famous sell-side firms offering their views, with end-of-year target points ranging from a low of 4200 to a high of 6100. As of Monday's close, the S&P 500 was trading at 5718.57, up nearly 20% year-to-date and hovering near all-time highs. Below is a summary of some of the most popular sell-side firms' predictions for year-end targets:

BMO Capital: 6100

Evercore ISI: 6000

Oppenheimer Asset Management: 5900

Deutsche Bank: 5750

RBC: 5700

Scotia: 5650

UBS: 5600

Barclays: 5600

Goldman: 5600

Citigroup: 5600

Wells Fargo: 5535

Societe Generale: 5500

Bank of America: 5400

HSBC: 5400

Fundstrat Global Advisors: 5200

Cantor Fitzgerald: 5000

Morgan Stanley: 4200

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