This month is historically difficult. Investors will be hoping the momentum of several big companies can continue.
It was a good week for the stock market heading into Labor Day as August ended in strong fashion and Friday’s jobs report ensured a solid start to September.
But enough of that. Several stocks had a great week heading into the typically terrible month, and investors will be hoping the momentum can continue. read this But normal service resumed last week for the stock, which is now up 232% so far in 2023. Wall Street thinks the shares can keep moving higher into uncharted territory—analysts have an average price target of $645.29, implying a 31% upside to Friday’s closing price, according to FactSet data.
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