J.P. Morgan lifts S&P 500 year-end forecast to 7600
J.P. Morgan raised its S&P 500 target to 7,600 today citing AI earnings and a regional ceasefire. The bank also hiked its 2026 earnings forecast to 330 dollars.
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JPMORGAN CHASE & CO has raised its year-end target for the S&P 500 index to 7,600, citing a surge in artificial intelligence and technology-driven earnings. This revision comes just weeks after the brokerage had lowered its forecast, reflecting a shift in sentiment bolstered by a ceasefire between the United States and Iran. The new target suggests a potential upside of approximately 6.9% from the recent close of 7,109.14.
