CFRA RAISES S&P 500 TARGET TO 8,050
CFRA lifted its 2026 S&P 500 year-end target to 8,050 from 7,400, implying about 4% upside from current levels.
The firm also sees the index reaching 8,650 in 2027, citing strong earnings, resilient consumers, easing oil prices, AI investment, and favorable midterm election seasonality.
CFRA joins a growing list of Wall Street firms turning more bullish on U.S. equities.