Barclays, Stifel lift S&P 500 target to 7,800 on strong earnings outlook

Barclays and Stifel raised their year-end ⁠targets ⁠for the S&P 500 index ⁠to 7,800 on Tuesday, citing strength in corporate earnings. The target is ​about 4.4% higher than the index’s last close of 7,472.79. “The equity bull case remains intact, but earnings ‌and AI capex visibility must ‌do more of the work as Fed support fades,” Barclays analysts led by Venu Krishna ⁠said in ⁠a note. The S&P 500 is up 9.2% so far this year, ​broadly driven by AI optimism, while the U.S.-Iran peace deal has…

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