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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UBS maintains its S&P 500 price target at 6,200 by June 2025, citing a positive outlook for AI beneficiaries and quality stocks. Despite a projected slowdown in Q3 earnings growth to 5-7%, the macro environment remains favorable, with healthy economic activity and low job layoffs. The strategists expect continued robust growth from major tech companies, driven by AI investments, while noting that management guidance will be crucial during the earnings season.
UBS strategists
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10:15 15.10.2024
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