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Wealth management market fund managers in the wealth management

Model: NS-40F401NA26
SKU: 6614066
$147.00
Comp. Value: $206.000
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Fund managers in the wealth management market are raising exposure to U.S. large-cap growth stocks after revised GDP data showed a 2.4% QoQ expansion, indicating resilience in equity valuations amid a shifting rate environment. The widely respected investor made the comment during an interview with Josh Brown , co-founder and CEO of Ritholtz Wealth Management, that was published on Friday. Lynch got his start as an intern at Fidelity in the 1960s after having caddied for then–Fidelity president George Sullivan at a golf course in suburban Boston. A number of brokerages have recently weighed in on META. HSBC upgraded Meta Platforms from a "hold" rating to a "buy" rating and raised their target price for the company from $610.00 to $900.00 in a research note on Thursday, July 31st. Citigroup restated an "outperform" rating on shares of Meta Platforms in a research note on Thursday, July 31st. Monness Crespi & Hardt raised their target price on Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Loop Capital restated a "buy" rating and issued a $980.00 target price (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Finally, Needham & Company LLC upgraded Meta Platforms from an "underperform" rating to a "hold" rating in a report on Thursday, July 3rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $830.02. Q2 earnings season has reinforced confidence in the wealth management market outlook, as over 78% of S&P 500 companies reported EPS above consensus, lifting forward P/E multiples across multiple sectors.