JPM Outlook: S&P 500 Seen Reaching 8,000, Room for 3% Further Gain
JPMorgan Chase has raised its S&P 500 year-end target to 8,000, offering just a 3.1% increase over Friday’s record close. The modest projected advance is more significant than reaching a milestone. It indicates that future market gains will need to be driven by higher earnings, not a higher valuation.
