Jan 10 (Reuters) - Barclays on Wednesday raised its 2024 target for Europe's benchmark STOXX 600 to 510 points, representing more than a 6% upside from current levels.
The brokerage earlier expected the index to end 2024 at 485 points.
"We see room for more P/E (price-to-earnings) expansion in Europe, while still expecting mid-single digit EPS growth, with the bulk of the gains may well be back loaded to H2", Barclays strategists said in a note.
(Reporting by Priyadarshini Basu in Bengaluru; Editing by Sonia Cheema)
