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Benzinga
Benzinga
Business
Chandrima Sanyal

Evercore's Jumbo Forecast Signals Staggering SPY Upside

S&P 500 on the rise

Investors looking for a clear signal in a choppy market just got one. On Wednesday, Evercore ISI went all in on a higher S&P 500 on CNBC’s ‘Fast Money’, setting a bold new target of 7,750 by the end of 2026, a roughly 20% gain from today's levels. For the SPDR S&P 500 ETF Trust (NYSE:SPY), the world's most traded ETF tracking the index, that's a forecast worth watching.

SPY ETF is up more than 10% this year, powering through market ups and downs. Track prices here.

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