Staring Down the Rout in U.S. Stocks With Firms Seeing 12% RallyBy and
History of big finishes shows why strategists are unbowed
Only four have cut S&P 500 projections since the selloff
While the noise emanating from U.S. stocks has gotten deafening of late, Wall Street strategists have been quiet, at least going by their year-end targets. The market’s recent record of year-end rallies may explain why.
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