From Yahoo Finance:

A Wall Street strategy team, led by Bank of America’s Savita Subramanian, raised its year-end S&P 500 target to 5,400. This is the most optimistic projection among strategists tracked by Yahoo Finance. Stocks have surged to start the year, with the S&P 500 and Nasdaq posting their best February performances since 2015. Despite concerns of potential pullbacks, analysts have boosted earnings forecasts for the current quarter, reflecting increased confidence in the US economy. Bank of America expects a year-end rally driven by a broader range of equities, not just tech stocks. Volatility may increase as the 2024 presidential election nears.



Read more at Yahoo Finance: Bank of America latest firm to see bullish outcome for stocks in 2024