Bank of America boosts S&P 500 target to 5,400. Here’s how it got there.


Futures suggest Wall Street’s new week will get off to a cautious start, albeit with major stock barometers holding at record highs.

Over just the last three months the Nasdaq Composite COMP has climbed 13.8% and the S&P 500 SPX has gained 11.8%. Worrywarts are seeking synonyms for bubble.

But a team at Bank of America, led by Savita Subramanian,…

Master your money.

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