Here's How Much Wall Street Expects Stocks To Rise in 2025
As of Thursday, the average target for the S&P 500 index to close at the end of 2025 was 6,678.18, which would be a 10% rise from the index's Thursday close.
As of Thursday, the average target for the S&P 500 index to close at the end of 2025 was 6,678.18, which would be a 10% rise from the index's Thursday close.
Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter posted by Musk on the platform now called X, his lawyer Alex Spiro tells the outgoing SEC chairman, Gary Gensler, that the commission's demand for a monetary payment is a “misguided scheme” that won't intimidate Musk. The letter also alleges that the commission reopened an investigation this week into Neuralink, Musk's computer-to-human brain interface company.
On Thursday, Repare Therapeutics Inc (NASDAQ:RPTX) revealed data from its MYTHIC Phase 1 gynecologic expansion trial evaluating the combination of lunresertib and camonsertib (Lunre+Camo) for endometrial cancer and platinum-resistant ovarian cancer (PROC) harboring lunre-sensitizing biomarkers. As of the data cut-off date of November 14, 51 evaluable patients were enrolled in the gynecologic cancer expansion cohort of the MYTHIC trial. Across all tumor types treated at the optimized RP2D (n=67),
JP Morgan analyst Christopher Horvers reiterated the Overweight rating on Costco Wholesale Corporation (NASDAQ:COST) with a price forecast of $1,090. The analyst suggests that the ongoing global momentum in the business, share gains across various sectors and geographies (including e-commerce growth), and the company’s leverage to a cyclical upswing in big-ticket items (about 20% of the comp) contribute to its strong performance. Additionally, the emerging benefits from advertising revenue make
Broadcom shares rocketed higher Friday, a day after the company’s fiscal fourth-quarter results topped expectations, leading several analysts to raise their price targets.
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Apple shares have firmly outperformed the S&P 500 and the Nasdaq since its artificial intelligence event in early June.
C.H. Robinson had its first investors day in seven years, and the audience liked what it heard. The post C.H. Robinson speaks to investors – and Wall Street’s support soars anew appeared first on FreightWaves.
Penn Entertainment shares surged Friday after JPMorgan upgraded the casino operator's stock, anticipating growth as its investments begin to pay off.
Broadcom (AVGO) has surpassed the $1 trillion market cap for the first time after it reported a 220% jump in artificial intelligence revenue.