J.P.Morgan on Wednesday joined major Wall Street brokerages to raise its 2026 year-end target for the S&P 500 index, lifting it to 7,800, citing strong earnings momentum driven by the AI-led investment boom and resilient economic conditions.
The current target, roughly 6% higher than the index's last close of 7,365.46 points, adds to a chorus of bullish brokerage calls, with at least seven research firms raising their targets this month.
