UBS revamps S&P 500 target for rest of 2026

UBS Global Wealth Management adjusted its equity outlook on August 21, elevating its S&P 500 target for the end of 2026 to 8,100 from a previous 7,900, while also raising its mid-2027 target to 8,400 from 8,200. Based on the index’s closing level of 7,674.37 on August 21, the new year-end target represents approximately 5.5% additional upside for the remainder of the year, while the mid-2027 projection implies roughly 9.5% upside from that date. The bank maintained its assessment of U