“The S&P 500 will reach 4,825 by the end of 2023 — a new all-time high above the previous record of 4,821, and well above the Street's average year-end forecast of 4,227.”

Tom Lee Wall Street

Head of Research and Managing Partner, Fundstrat Global Advisors

Said Jul 3, 2023Deadline Dec 31, 2023CNBC, 'Fundstrat's Tom Lee raises S&P 500 target, sees all-time high before year-end', July 3, 2023

The S&P 500 closed 2023 at 4,769.83 — about 1.2% short of Lee's 4,825 target and just below the January 2022 record close of 4,796.56, so the bullish call was nearly right on level but the predicted new all-time high did not occur until January 2024.