S&P 500 to rise above 5,000 by year-end 2022 – Citibank

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S&P 500 to rise above 5,000 by year-end 2022 – Citibank SP500 Equities UnitedStates Fed

Analysts at Citigroup lifted their price forecast for the S&P 500 index to 5,100 from 4,900 predicted in October, citing robust corporate earnings.“Expect strong corporate earnings to continue this year.”of companies could provide the cushion for growth, despite COVID-19 and supply chain woes.”

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