JPMorgan's quant guru says value stocks will outperform in 2021-but tech will have to gain for the S&P 500 to hit his 4,400 target

Mario Tama / Getty ImagesJPMorgan's Marko Kolanovic says value stocks will outperform in 2021, but technology stocks will also need to rise in order for the S&P 500 to reach the bank's target of 4,400 by the end of 2021. "We have this quite optimistic S&P price target that cannot be achieved unless tech also goes up," Kolanovic told CNBC on Wednesday.The bank's global head of macro quantitative and derivatives strategy recommends investors don't short tech, as there are still compan