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UBS hikes its year-end S&P 500 target, says any pullback will lead to a new high by year-end

A Wall Street sign is pictured at the New York Stock exchange (NYSE) in New York, March 9, 2020.

Carlo Allegri | Reuters

The stock market still has upside after a dramatic bounce-back from 2020’s pandemic sell-off and double-digit gains this year, according to UBS.

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