April 1 - UBS (UBS, Financial) lowered its year-end target for the S&P 500 from 6,600 to 6,400, citing heightened volatility and economic uncertainty due to ongoing tariff measures.
The bank noted that near-term market instability is expected to weigh on earnings growth amid persistent tariff plans. Despite this headwind, UBS sees meaningful upside potential fueled by strong US growth fundamentals and robust artificial intelligence demand. The firm expects the US economy to expand near its two-percent trend this year.
At the start of the trading week, the S&P 500 hovered around 5,536, even reaching a six-month low at one point. For UBS's revised target to be met, the index must rally approximately 15.6% from its current level.
Market analysts maintain their conservative stance by assessing current risks against future growth potential. Market participants stay attentive for changing market sentiment because economic and policy factors keep developing. Investors together with analysts will assess market movement during the forthcoming period.
