Citigroup Sees S&P 500 Breaching 5,000-mark by Year-End on Robust Earnings

Reuters2022-01-05

Citigroup analysts on Wednesday raised their S&P 500 price target for the end of 2022, estimating it to breach the 5,000 level for the first time, as the brokerage expects strong corporate earnings to...

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Comments

Chris_CHRIS
2022-01-05
Chris_CHRIS
Oh wow
Ray9988
2022-01-05
Ray9988
Nice! Buy buy buy
Wolala
2022-01-05
Wolala
K
fooz0003
2022-01-05
fooz0003
Make it
kaikk
2022-01-05
kaikk
Like please
TeoHY
2022-01-05
TeoHY
Interesting observation

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCitigroup Sees S&P 500 Breaching 5,000-mark by Year-End on Robust Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 20:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/citigroup-sees-p-500-breaching-122142950.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citigroup analysts on Wednesday raised their S&P 500 price target for the end of 2022, estimating it to breach the 5,000 level for the first time, as the brokerage expects strong corporate earnings to...</p>\n\n<a href=\"https://finance.yahoo.com/news/citigroup-sees-p-500-breaching-122142950.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"C","symbol_name":"花旗","start_time":0,"source_url":"https://finance.yahoo.com/news/citigroup-sees-p-500-breaching-122142950.html","article_id":"1187321723","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1187321723","pubTimestamp":1641386130,"sourceInfo":null,"weMediaInfo":null,"summary":"Citigroup analysts on Wednesday raised their S&P 500 price target for the end of 2022, estimating it","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"C":"花旗"},"translate_title":"花旗集团预计标普500年底前收益将突破5000大关","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C":0.9},"content_text":"Citigroup analysts on Wednesday raised their S&P 500 price target for the end of 2022, estimating it to breach the 5,000 level for the first time, as the brokerage expects strong corporate earnings to continue this year.Earnings results from S&P 500 companies in 2021 blew past analyst estimates to deliver year-on-year growth in the first three quarters of 52.8%, 96.3% and 42.6%, respectively, according to Refinitiv, which currently sees fourth-quarter annual earnings growth of 22.3%.Companies, consumers and the broader economy largely thrived in 2021, helped by several factors such as a transfer of power in the U.S. government, the \"meme stock\" phenomenon, generous fiscal and monetary stimulus, booming demand and price spikes.Citigroup analysts raised their price target for the S&P 500 to 5,100 from 4,900 set in October, cautioning that a U.S. Federal Reserve policy tightening could pose valuation headwinds.The S&P 500 rose about 27% in 2021, gaining more than 3% in the last two months alone. The index closed at 4793.54 on Tuesday.Upcoming quarterly results and 2022 outlook of companies could provide the cushion for growth, despite COVID-19 and supply chain woes, Citigroup analyst Scott Chronert said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":695894181,"gmtCreate":1641392234154,"gmtModify":1676532532990,"author":{"id":"4097664093197460","authorId":"4097664093197460","name":"Chris_CHRIS","avatar":"https://static.tigerbbs.com/99bfc11e3279b5ee45705492228a37ee","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4097664093197460","idStr":"4097664093197460"},"htmlText":"Oh wow","listText":"Oh wow","text":"Oh wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/695894181","repostId":1187321723,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":695896748,"gmtCreate":1641391534227,"gmtModify":1676532532933,"author":{"id":"3573707937767921","authorId":"3573707937767921","name":"Ray9988","avatar":"https://static.tigerbbs.com/b5c776da1c554e167d709a426155a17e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3573707937767921","idStr":"3573707937767921"},"htmlText":"Nice! Buy buy buy&nbsp;","listText":"Nice! Buy buy buy&nbsp;","text":"Nice! Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/695896748","repostId":1187321723,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9008114556,"gmtCreate":1641387667190,"gmtModify":1676533608881,"author":{"id":"3582878170475225","authorId":"3582878170475225","name":"Wolala","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582878170475225","idStr":"3582878170475225"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008114556","repostId":1187321723,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008112246,"gmtCreate":1641387283600,"gmtModify":1676533608661,"author":{"id":"3578891674895649","authorId":"3578891674895649","name":"fooz0003","avatar":"https://static.tigerbbs.com/47fa161bc4b36ac42ba843a255a7125c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578891674895649","idStr":"3578891674895649"},"htmlText":"Make it","listText":"Make it","text":"Make it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008112246","repostId":1187321723,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008112183,"gmtCreate":1641387190670,"gmtModify":1676533608653,"author":{"id":"3574910578498482","authorId":"3574910578498482","name":"kaikk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574910578498482","idStr":"3574910578498482"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008112183","repostId":1187321723,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008111749,"gmtCreate":1641386490822,"gmtModify":1676533608590,"author":{"id":"3578188623963261","authorId":"3578188623963261","name":"TeoHY","avatar":"https://static.tigerbbs.com/f30e1d1ba2eb3b8ac43bc8326ce62753","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3578188623963261","idStr":"3578188623963261"},"htmlText":"Interesting observation&nbsp;","listText":"Interesting observation&nbsp;","text":"Interesting observation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008111749","repostId":1187321723,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":36,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1187321723"}