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AI enthusiasm prompts 3 Wall Street banks to raise stock market forecasts

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Julian Emanuel,Evercore ISI,Emanuel

AI-driven earnings growth has strategists feeling even more bullish about stock returns this year.

On Sunday, Evercore ISI's Julian Emanuel boosted his year-end price target for the S&P 500 to 6,000 from 4,750, noting the "AI revolution is in the early innings." Emanuel's target is the highest on Wall Street.

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