Yonhap Infomax NewsEd Yardeni of Yardeni Research raised his S&P 500 year-end target to 6,800, citing continued market strength, while questioning the need for further Fed rate cuts as inflation remains near 3% and economic growth stays solid.
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Yardeni Raises S&P 500 Year-End Target to 6,800—Calls Fed Rate Cut Unnecessary
Ed Yardeni of Yardeni Research raised his S&P 500 year-end target to 6,800, citing continued market strength, while questioning the need for further Fed rate cuts as inflation remains near 3% and economic growth stays solid.