Yardeni cuts year-end S&P 500 target to 7,900 from 8,400

Wall Street strategist Ed Yardeni cut his year-end S&P 500 target to 7,900 from 8,400, citing rising bond yields and increased downturn risks over the next three to six months. He also lowered his expected forward P/E multiple to 18.6 from 19.8.

Detected & updated continuously · Source: Nebula