Tag Archives: BofAs

BofA’s Subramanian just slashed her S&P price target to 3,600. But here’s what she likes for healthy cash return and inflation protection

BofA’s Subramanian just slashed her S&P price target to 3,600. But here’s what she likes for healthy cash return and inflation protection

The biggest bear on Wall Street: BofA’s Subramanian just slashed her S&P price target to 3,600. But here’s what she likes for healthy cash return and inflation protection With the market trading sideways lately, some investors are wondering whether the sell-off is done and we could be at the bottom. But according to Bank of America’s head of U.S. equity and quantitative strategy Savita Subramanian, tough times still lie ahead. Her team recently lowered their year-end price target on the… Source link

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BofA’s US stock chief sees a floor of 3,200 for the S&P 500 (potential downside of 22%) — but here are 4 sectors she likes for inflation protection and cash return

BofA’s US stock chief sees a floor of 3,200 for the S&P 500 (potential downside of 22%) — but here are 4 sectors she likes for inflation protection and cash return

BofA’s US stock chief sees a floor of 3,200 for the S&P 500 (potential downside of 22%) — but here are 4 sectors she likes for inflation protection and cash return We’re almost halfway through the year, and sentiment has yet to turn bullish. The S&P 500 is down 13% in 2022, while the tech-centric Nasdaq is off 22%. If you want to know how low the market could really go, pay attention to what Savita Subramanian — head of U.S. equity and quantitative strategy at Bank of America Securities… Source link

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