Wells Fargo lifts S&P 500 index target on easing tariff tensions, tax boost
ReutersJul 30, 2025 2:09 PM
July 30 (Reuters) - Wells Fargo Investment Institute raised its year-end target range for the S&P 500 index .SPX on Wednesday, citing improved investor sentiment following easing trade tensions and corporate tax benefits from President Donald Trump's tax and spending bill.
The brokerage sees the benchmark index ending 2025 between 6,300 and 6,500, up from a prior range of 5,900 to 6,100.
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