Citi Adjusts S&P Target After Index Surges
Citi recently revised its S&P target following the index’s impressive milestone of reaching 6,000. The surge has been attributed to a resurgence in AI investments and significant buyback programs totaling 1 trillion dollars from corporations. This optimistic outlook reflects recovery and resilience in the stock market, pushing investors to reconsider their strategies. As we look ahead, understanding the forces driving this market rebound is crucial for capitalizing on future opportunities.