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ubs lowers s and p 500 target amid tariff uncertainty and market volatility
UBS Global Wealth Management has lowered its S&P 500 target for 2025 to 6,400, reflecting a broader trend among Wall Street firms responding to the economic impact of U.S. tariffs. The firm also reduced its earnings per share estimate to $265, citing potential volatility in U.S. equity markets due to policy uncertainty. Despite these cuts, UBS maintains an optimistic outlook on U.S. equities, particularly in the information technology sector, driven by growth in artificial intelligence.
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