I posted yesterday on Morgan Stanley raising their forecast (big time), including this handy guide from who's calling what via Dow Jones / Market Watch:
![S&P 500 forecasts May 2024 market watch](https://images.forexlive.com/images/S%26P%20500%20forecasts%20May%202024_id_92947506-d166-4a2a-823c-b235a9f9bfdb_size900.jpg)
You''' see the Deutsche Bank forecast in there, raised to 5500 from previously at 5100.
DB cite a strong earnings cycle, more good news to come from this.
- While all the growth may not materialize this year, we see market confidence in a continued recovery rising by year-end, supporting equity multiples