PCE in charts: Core PCE +2.6% Y/Y again in July (NYSEARCA:SPY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 30 2024
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Source: SeekingAlpha
Market Overview: The S&P 500 and Nasdaq 100 experienced a turnaround due to the second estimate of GDP, indicating positive economic data that is beneficial for the market.
Investment Insights: Analysts provide five market predictions for September while cautioning investors not to be overly focused on Nvidia, as broader economic trends remain favorable.
Analyst Views on VOO
Wall Street analysts forecast VOO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VOO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 630.290
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Current: 630.290
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
