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First-half volatility sets stage for stock market’s ‘next leg higher,’ says prominent bull
Canaccord Genuity equity strategist Tony Dwyer on Tuesday boosted his estimate for S&P 500 operating earnings per share, leading him to move his 2018 target for the large-cap benchmark to 3,200 from 3,100, which was already one of the most bullish calls on Wall Street. In a note, Dwyer said Canaccord raised its 2018 earnings estimate to $160 a share from $155, leading to the 3,200 target based on expectations for a price-to-earnings ratio of 20.
https://finance.yahoo.com/m/53e9295...de0/first-half-volatility-sets.html?.tsrc=rss
Canaccord Genuity equity strategist Tony Dwyer on Tuesday boosted his estimate for S&P 500 operating earnings per share, leading him to move his 2018 target for the large-cap benchmark to 3,200 from 3,100, which was already one of the most bullish calls on Wall Street. In a note, Dwyer said Canaccord raised its 2018 earnings estimate to $160 a share from $155, leading to the 3,200 target based on expectations for a price-to-earnings ratio of 20.
https://finance.yahoo.com/m/53e9295...de0/first-half-volatility-sets.html?.tsrc=rss
