UBS raises S&P year end target, eyes more gains in 2026
UBS raises S&P year end target, eyes more gains in 2026
Published by Global Banking and Finance Review
Posted on May 23, 2025
Published by Global Banking and Finance Review
Posted on May 23, 2025
(Reuters) - 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 $260 from $250 and forecast 2026 EPS of $280, up from its previous estimate of $275.
David Lefkowitz, head of U.S. 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.
(Reporting By Sinéad Carew; Editing by Chris Reese)
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