Tesla vs. Boeing: Which S&P 500 Underperformer Do Analysts Like Better?

Shattering all pessimism, the S&P 500 Index ($SPX) soared 24.7% last year. The positive momentum has continued this year, with the SPX already up 8% on a YTD basis, despite a shaky performance this week amid reduced expectations for Fed rate cuts in the near term.

Recently, Wells Fargo (WFC) raised its year-end target for $SPX to 5,535, suggesting a 6.5% upside from current levels, while also revising its full-year EPS estimate for the index to $242 from $235 predicted earlier.