Bank of America sees little upside for S&P 500 for rest of the year

Bank of America has raised its year-end S&P 500 target to 6,300, up from its previous forecast of 5,600. The updated outlook, issued by chief equity strategist Savita Subramanian, reflects just a 1.1% potential upside from the index’s closing level of 6,229.98 on Monday. Subramanian’s revision comes after the index reached new record highs last […]