Can investors still rely on strategists?
Many have been forced to admit they got forecasts wrong in 2023.
Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.
Take Societe Generale’s Manish Kabra, who boosted his year-end target last week on the index to 4,750 from 4,300 —
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