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Wells Fargo Lowers S&P 500 Target Amid Tech Sector Concerns

SPY ↓ Moderate

Key takeaways

  • SPY: SPY — Moderate bearish
  • Wells Fargo's Ohsung Kwon has reduced the year-end target for the S&P 500, citing slowing earnings growth and increasing risks in the technology sector.
#Wells Fargo#S&P 500#Technology

Analysis

Wells Fargo's Ohsung Kwon has reduced the year-end target for the S&P 500, citing slowing earnings growth and increasing risks in the technology sector.

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