Strategist sees S&P 500 at 4,800 by year's end

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STORY: First-quarter reporting season has been shot from the cannon, with 49% of the companies in the S&P 500 having reported. Of those, 80% have beaten street estimates, according to Refinitiv.

Analysts currently see, on aggregate, annual S&P 500 earnings growth of 6.4%, per Refinitiv.