Megacap technology stocks and financial names were fueling a strong post-CPI rally in the U.S. stock market on Tuesday. The S&P 500's communication-services and information-technology sectors were among the top performers among the large-cap index's 11 sectors,

U.S. stocks edged back from their record heights in Wall Street’s final moves before an upcoming update on inflation.

The analysts have an average price target of $163.66, which implies a potential upside of 25% over the next 12 to 18 months. The Street-high target of $230 points to an even greater potential return of 75%, and while that seems ambitious in the short term, it's certainly on the table in the long run.