Published Fri, May 23, 2025 · 07:14 AM
UBS Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June 2026 target of 6,400.
The research group also raised its 2025 expectation for S&P 500 earnings per share to US$260 from US$250 and forecast 2026 EPS of US$280, up from its previous estimate of US$275.
David Lefkowitz, head of US equities, cited a better than expected first quarter earnings season and slightly higher expectations for GDP growth in the second half of the year for the changes. REUTERS
Share with us your feedback on BT’s products and services
