Latest news with #corporatecashflow
Yahoo
15 hours ago
- Business
- Yahoo
S&P 500 Bulls Roar as UBS Lifts Targets and EPS Estimates
June 27 - UBS has raised its year-end S&P 500 target to 6,200 and set a mid-2026 goal of 6,500. The strategists also raised their S&P 500 2025 EPS forecast to $265, implying about 6% growth, and bumped the 2026 estimate to $285, or roughly 7.5%. They said easing U.S.-China trade tensions and a tax-and-spending package in Congress should bolster corporate cash flows. Analysts at UBS expect the upcoming Q2 earnings season to hold up well, even as tariffs linger. They noted most large-cap firms have weathered earlier levies without major damage. UBS flagged potential volatility around the expiration of President Trump's reciprocal duties next month. They warned that goods hit by existing tariffs could push inflation higher and slow growth if costs pass through to consumers. The bank prefers communication services, financials, health care, information technology and utilities, citing their resilience and cash-flow strength. With the S&P near its all-time high, investors will be watching management commentary and guidance closely. The path for U.S. equities now hinges on tariff developments and second-quarter results. This article first appeared on GuruFocus.
Yahoo
3 days ago
- Business
- Yahoo
S&P 500 Bulls Roar as UBS Lifts Targets and EPS Estimates
June 27 - UBS has raised its year-end S&P 500 target to 6,200 and set a mid-2026 goal of 6,500. The strategists also raised their S&P 500 2025 EPS forecast to $265, implying about 6% growth, and bumped the 2026 estimate to $285, or roughly 7.5%. They said easing U.S.-China trade tensions and a tax-and-spending package in Congress should bolster corporate cash flows. Analysts at UBS expect the upcoming Q2 earnings season to hold up well, even as tariffs linger. They noted most large-cap firms have weathered earlier levies without major damage. UBS flagged potential volatility around the expiration of President Trump's reciprocal duties next month. They warned that goods hit by existing tariffs could push inflation higher and slow growth if costs pass through to consumers. The bank prefers communication services, financials, health care, information technology and utilities, citing their resilience and cash-flow strength. With the S&P near its all-time high, investors will be watching management commentary and guidance closely. The path for U.S. equities now hinges on tariff developments and second-quarter results. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
S&P 500 Bulls Roar as UBS Lifts Targets and EPS Estimates
June 27 - UBS has raised its year-end S&P 500 target to 6,200 and set a mid-2026 goal of 6,500. The strategists also raised their S&P 500 2025 EPS forecast to $265, implying about 6% growth, and bumped the 2026 estimate to $285, or roughly 7.5%. They said easing U.S.-China trade tensions and a tax-and-spending package in Congress should bolster corporate cash flows. Analysts at UBS expect the upcoming Q2 earnings season to hold up well, even as tariffs linger. They noted most large-cap firms have weathered earlier levies without major damage. UBS flagged potential volatility around the expiration of President Trump's reciprocal duties next month. They warned that goods hit by existing tariffs could push inflation higher and slow growth if costs pass through to consumers. The bank prefers communication services, financials, health care, information technology and utilities, citing their resilience and cash-flow strength. With the S&P near its all-time high, investors will be watching management commentary and guidance closely. The path for U.S. equities now hinges on tariff developments and second-quarter results. This article first appeared on GuruFocus. Sign in to access your portfolio
