Barclays Lowers Stock Outlook Amid Economic Concerns

Reported 5 days ago

Barclays has become the latest Wall Street bank to reduce its S&P 500 price target for 2025 from 6,600 to 5,900, citing tariff impacts and weakening economic indicators. Analyst Venu Krishna expressed concerns about the reduced earnings power of S&P 500 companies and the challenging environment for stocks due to deteriorating consumer sentiment and rising inflation. Meanwhile, Barclays maintained a positive outlook on Financials, anticipating potential deregulation. This adjustment follows similar moves by other financial institutions as fears of an impending recession grow.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis