ICYMI – Oppenheimer lifts S&P 500 year-end goal to 7,100

Oppenheimer has raised its year-end forecast for the S&P 500 to 7,100, up from the 5,950 goal set in April.

• The agency continues to challenge 2025 earnings of $275 per share, implying a ahead price-to-earnings ratio of 25.eight.

The improve displays easing market uncertainty following new commerce agreements with Japan and the European Union, alongside a robust earnings season — with 84% of firms exceeding expectations this quarter. Further help comes from the U.S. economic system’s ongoing resilience and the Federal Reserve’s success in bringing inflation down from 9% to 2.7% with out triggering a recession.

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Oppenheimer is a U.S.-based impartial funding financial institution and full-service monetary agency.

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This text was written by Aaron Cutchburt at investinglive.com.