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

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