Major Banks Boost S&P 500 Forecasts Amid Ongoing Trade Uncertainty
TL;DR Summary
Bank of America has increased its 12-month target for the S&P 500 to 6,600, citing corporate resilience despite concerns over high valuations, tariff uncertainties, and a recent rally that has outpaced earnings growth, with the market's outlook being cautiously optimistic in the medium to long term.
- Bank of America delivers bold S&P 500 target TheStreet
- Wall Street is getting more bullish on stocks as trade uncertainty lingers Yahoo Finance
- Goldman Sachs lifts its S&P 500 forecasts. Strategists say these three investment moves are crucial. MarketWatch
- Why Goldman Sachs thinks stocks can power past Trump's trade war to hit fresh records Business Insider
- Bank of America raises year-end S&P 500 target to catch up to 'meteoric run,' sees little gain from here CNBC
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