Deutsche Bank says earnings growth has ‘plenty of legs’, raises S&P 500 target to 5,550

Deutsche Bank says earnings growth has ‘plenty of legs’, raises S&P 500 target to 5,550

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Deutsche Bank raised its target on the S&P 500 (SP500)(IVV) to 5,550, seeing broad market gains building on corporate profit growth.

Consensus views on economic expansion and earnings have been increasing, prompting the brokerage to lift its target from 5,100. The new

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