Reported about 14 hours ago
Wall Street firms have raised their S&P 500 targets amid a recovery from steep lows caused by President Trump's tariffs, yet they remain cautious about the market's prospects for the second half of 2025. RBC Capital Markets adjusted its year-end S&P 500 target to 6,250, indicating a mostly flat year ahead, while other firms voiced concerns about ongoing tariff impacts and the lack of positive catalysts for substantial gains. Overall, many strategists are predicting choppy conditions with potential obstacles from tariff negotiations, despite some bullish targets suggesting limited upside.
Source: YAHOO