Barclays Ups S&P 500 Target Amid Calming Trade Tensions
Barclays revised its S&P 500 year-end target to 6,050, citing reduced trade tensions and expected earnings growth by 2026. While keeping its 2025 earnings forecast intact at $262 per share, the brokerage introduced a new 2026 target for the index at 6,700 despite existing trade tariffs.
On Wednesday, Barclays announced an upward revision of its year-end price target for the S&P 500 index, raising it to 6,050 from its previous forecast of 5,900. This adjustment comes as the brokerage sees diminishing trade uncertainties and anticipates a return to normalized earnings growth by 2026.
Despite the persistent tariff pressures affecting profits, Barclays has decided to maintain its earnings per share forecast for 2025 at $262. Additionally, they have unveiled an ambitious new target for the S&P 500 in 2026, setting it at 6,700.
The brokerage's outlook reflects a cautiously optimistic view of the market's potential amid ongoing global trade dynamics.
(With inputs from agencies.)
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