Wells Fargo has raised its year-end 2026 target for the S&P 500 to 7,950 from 7,300, implying a potential upside of about 5% from current levels. The brokerage cited stronger corporate earnings, easing macroeconomic uncertainty following the interim U.S.-Iran agreement, and improved investor sentiment after a recent market pullback.
Wells Fargo has raised its year-end 2026 target for the S&P 500 to 7,950 from 7,300, indicating a potential upside of about 5% from current levels. This revision is driven by stronger corporate earnings expectations and reduced macroeconomic risks, including the interim…
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