logo

Citigroup: Raises Year-End Target for S&P 500 Index, Expects Tax Cut Measures to Offset Tariff Headwinds

By: theblockbeats.news|2025/08/11 11:01:59

BlockBeats News, August 11th, Citigroup's strategist raised the target for the S&P 500 index and stated that tax cuts should offset the negative impact of tariffs on U.S. companies. The team led by Scott Chronert raised the year-end target for the index from 6300 points to 6600 points, implying a roughly 3% increase from last Friday's close.

Stronger-than-expected earnings reports for this quarter, with little sign of tariff impact on performance, have driven the stock market to new highs this month. Institutional data shows that over 81% of S&P 500 index component companies have beaten expectations, the highest level in seven quarters. The Citigroup team stated that companies not only performed well but also mostly maintained their expectations for the second half of the year.

Therefore, market consensus earnings per share expectations are being raised. They have raised the earnings per share forecast for S&P 500 index component companies for 2025 from the previous $261 to $272 and for 2026 from $295 to $308. They stated that higher profit forecasts would not have a significant impact on valuation assumptions. They expect that by mid-2026, the index will rise to 6900 points, an approximately 8% increase from current levels. (Jinse Finance)

Bitcoin приближается к отметке $120,000 с новым историческим максимумом
Airdrop HackQuest: Как получить бесплатные токены от проекта с инвестициями $5.2M в 2024 году

Вам также может понравиться

Поделиться
copy

Растущие активы

Последние новости криптовалют

14:01

「Bull Buddy」 вновь взвинчивается за длинную позицию, средняя цена входа в которую составляет $31,97.

13:59

Kalshi has completed a $1 billion funding round at a $1.1 billion valuation

13:56

Coinbob has launched an on-chain address monitoring and copying tool for the Pacifica chain, allowing users to synchronize and earn Pacifica token rewards.

13:53

OpenMind is pleased to announce a partnership with Circle to build AI-powered payment infrastructure.

13:51

Circle анонсирует Фонд, начальный этап направлен на повышение финансовой устойчивости малого бизнеса в США

Еще
Сообщество
icon
icon
icon
icon
icon
icon
icon
icon
icon
icon

Служба поддержки@weikecs

Деловое сотрудничество@weikecs

Количественная торговля и ММ[email protected]

VIP-программа[email protected]