Dubravko Lakos-Bujas, chief U.S. equity strategist at JPMorgan, expects the S&P 500 to reach 3,400 in early 2021.
That would top an all-time high of 3,386 set on Feb. 19. It is also 42% higher than the broad market average's current level of 2,385.
Dubravko Lakos-Bujas wrote in a note to clients he expects the S&P 500 to reach 3,400 in early 2021. That would top an all-time high of 3,386 set on Feb. 19. It is also 42% higher than the broad market average's current level of 2,385. For his scenario to play out, though, the U.S. government must pass a "comprehensive fiscal package promptly."
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