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(Reuters) – UBS Global Research on Tuesday raised its year-end forecast for the benchmark S&P 500 index to 5,400 from its prior estimate of 5,150, marking the highest projection among major global brokerages.
The latest forecast indicates an upside of about 8% from the current levels.
(Reporting by Siddarth S in Bengaluru; Editing by Arun Koyyur)
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