BofA raises year-end S&P 500 target to 5,400 points from 5,000 points

BofA raises its year-end S&P 500 target to 5,400 points from 5,000, reflecting changes in the index's composition. and the company's profit flexibility

On March 4, 2567, Reuters reported that Bank of America Global Research (BofA Global Research) raised its year-end target for the S&P 500 index from its previous target of 5,000 points to 5,400 points, an increase of approximately 5% from the current level.

Reuters, citing Bank of America Global Research, reported that the new target reflects changes in the composition of the S&P 500 index and the resilience of corporate profits, despite significant volatility in interest rates and inflation.

Reference: reuters.com

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