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SPX forward estimates revised higher rapidly, Stephanie Link notes

SPX forward estimates revised higher rapidly, Stephanie Link notes
SPX estimates revised faster than 16 years

Stephanie Link, managing director / portfolio manager at Hightower Advisors, highlights that SPX forward estimates are being revised upward at the fastest rate in more than 16 years, according to information from DB.

This pace of upward revisions signals strengthening optimism among analysts for the U.S. equity market.

Link has recently focused on notable corporate earnings reports. She highlighted Snowflake's quarterly product revenue growth of 34% and a new $6 billion Amazon commitment in a previous note. In another update, Link pointed to Palo Alto Networks beating expectations on strong next-generation security revenue, despite offering cautious guidance earlier this year.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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