Barclays Sees 4% Upside for the S&P 500 on Tech Earnings Strength

Barclays raised its year-end S&P 500 target to 7,950 from 7,800 on Wednesday, leaving roughly 4% upside from the index’s latest close. The bank pointed to durable demand for artificial intelligence (AI) and repeated beat-and-raise results from Big Tech, which kept earnings momentum intact. The Earnings Math Behind the New S&P 500 Target Venu Krishna, The post Barclays Sees 4% Upside for the S&P 500 on Tech Earnings Strength appeared first on BeInCrypto.