Another Wall Street Bull Cuts S&P 500 Target. It Misread Trump on Tariffs. - Barron's
1. Yardeni Research lowered S&P 500 target to 6400 from 7000, showing market pessimism. 2. Recent stock selloff marks a rough month, with S&P 500 down 9.4%. 3. Goldman Sachs analyst David Kostin also reduced their S&P 500 target to 6200. 4. Market uncertainty is attributed to rising tariffs and slower economic growth. 5. Analysts predict a potential 15% market gain by December despite recent declines.