JPMorgan Raised Its S&P 500 Price Target — Before Tuesday’s Rally. Here’s Why.

Text size JPMorgan raised its price target to 4600 from 4200. Spencer Platt/Getty Images When the Dow Jones Industrial Average  dropped more than 700 points on Monday, it didn’t deter the bullish strategists at JPMorgan. Instead, they got more bullish, raising their year-end S&P 500 target from 4400 to 4600—before Tuesday’s big rally. What did


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