Barclays raises target on Europe’s STOXX 600 by about 6%

(Reuters) – Barclays on Wednesday raised its 2024 year-end target for the pan-European STOXX 600 index to 540 from 510, citing a pick-up in domestic growth, potential easing in borrowing costs and cheaper valuations.

(Reporting by Gokul Pisharody in Bengaluru; Editing by Varun H K)

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