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3 Stocks Riding High on Major Analyst Upgrades Last Week
BACBank of America(BAC) Investor Place·2024-05-30 20:17

S&P 500’s robust performance in the first 100 days of 2024 suggests a bullish outlook for the remainder of the year, according to Bank of America (NYSE:BAC) analysts. As markets continue to grind higher, Wall Street analysts are actively issuing analyst upgrades, revisiting their research coverage to update ratings and reflect the optimistic market trends. According to BofA, when the S&P 500 rises more than 10% within the first 100 days, the index typically continues to perform well, with a 76% probability ...