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[Boosted by strong earnings reports, Barclays raised its year-end target price for the S&P 500 Index to 7,950 points] September 9th, Barclays raised its year-end target price for the benchmark S&P 500 Index .SPX from 7,800 points to 7,950 points on Wednesday, following a bright earnings season led by technology companies. The revised target is about 3.6% higher than the index's recent closing price. The brokerage expects the benchmark index to rise to 8,800 points by the end of 2027. Barclays said investment in artificial intelligence and strong economic activity should support earnings momentum in the coming quarters. The brokerage also raised its 2026 earnings per share forecast for the S&P 500 to $365 from $337.
Global market intelligence 🕐 2026-09-09 19:43
#AI #Global market intelligence #U.S. stock trends
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