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Benzinga
Benzinga
Business
Piero Cingari

S&P 500 Target Boosted To 7,700 By Ed Yardeni: Roaring 2020s Odds Jump To 60%

S&P Roaring 2020s Gemini

One of Wall Street's most seasoned strategists is doubling down on his optimism for U.S. equities, raising the probability of a productivity-driven boom through the end of the decade.

On Monday, Ed Yardeni lifted the odds of his Roaring 2020s scenario from 50% to 60%, with earnings strength and firmer valuations supporting a year-end 2026 S&P 500 target of 7,700.

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