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Wells Fargo Raises S&P 500 Year-End Target to 7,950, Up 5.2% from Current Levels

2026-06-16 15:01:19

US500-0.09%

According to a report released on June 15, Wells Fargo raised its 2026 year-end target for the S&P 500 index to 7,950 points, compared to Monday's close of 7,554.29 points. The investment bank also upgraded its 2026 earnings per share (EPS) forecast for S&P 500 constituents to $340 from $315, citing improved corporate profit outlook and reduced geopolitical risks following the U.S.-Iran interim agreement.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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