Credit Suisse: S&P Poised For Huge 2021 Rallies

Video Credit: Wochit Business
Published on November 18, 2020 - Duration: 00:32s

Credit Suisse: S&P Poised For Huge 2021 Rallies

On Wednesday Credit Suisse Strategists revealed the key to investing in 2021 is preparing for a virus-free economy in 2022.

In a note to clients, the team initiated a 2021 S&P 500 price target of 4,050.

Business Insider reports that the target implies a 12% rally from Tuesday's closing level.

Various coronavirus vaccines are vying for regulatory authorization.

That led Credit Suisse to "de-emphasize the near-term" and focus on how the US economy would launch out of its virus slump.


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