Jefferies became the latest Wall Street firm to backtrack on its S&P 500 target as the bank warned that an economic slowdown — but not a recession — will be a drag on earnings.
Here comes another Wall Street S&P 500 target reduction. Stagflation risks are rising.
Jefferies became the latest Wall Street firm to backtrack on its S&P 500 target as the bank warned that an economic slowdown — but not a recession — will be a drag on earnings.
