Barclays raised its year-end target for the S&P 500 to 7,950 from 7,800, betting that strong corporate earnings and continued artificial intelligence investment will keep supporting the US stock market.
The new target is about 3.6% above the index's latest close. Barclays also expects the benchmark to reach 8,800 by the end of 2027, underscoring the brokerage's longer-term confidence in corporate earnings despite several risks facing markets.
