UBS joins Wall Street firms in cutting S&P 500’s annual target to below 6500
(Reuters) – UBS Global Wealth Management cut the S&P 500’s 2025 target to below the 6,500 mark, widely mirroring actions from other Wall Street firms including Barclays and Goldman Sachs, due to the economic impact of U.S. tariffs. The wealth management unit of European bank UBS, cut its year-end index target to 6,400 from 6,600…
