Wall Street’s Top Bulls Maintain Their Optimistic Stance Amid Market Turmoil

The S&P 500 has experienced two consecutive positive days since entering correction territory. Despite market volatility, a simple 401(k) portfolio split 60% in stocks and 40% in bonds has only declined about 1.5% this year. Not all Wall Street strategists are alarmed; Oppenheimer’s John Stoltzfus remains the most bullish, reiterating his year-end target of 7,100 for the S&P 500. Deutsche Bank’s Binky Chadha holds the second-highest target at 7,000 and, like Stoltzfus, is unwavering in his stance. — news from MarketWatch

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