Strategists at the bank don't see the stock market’s parade ending anytime soon.
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Citigroup raised its year-end target for the broad measure of the entire U.S. stock market, the S&P 500 index.
Strategist Venu Krishna lifted his year-end S&P 500 target to 7,650.
RBC's updated, higher forecast for the S&P 500 is still about 4% below where the index is currently trading.
The firms' year-end S&P 500 outlooks now range from 6,450 to 7,000.
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