There’s another S&P 500 target cut — to a new Wall Street low - MarketWatch
1. Barclays lowers S&P 500 target to 5,900, a 2% rise from current levels. 2. Earnings estimates for S&P 500 companies reduced from $271 to $262. 3. Discretionary and industrial stocks downgraded; financials upgraded to positive. 4. Tariff scenarios suggest high variability with significant implications for earnings. 5. Potential for S&P 500 to reach 6,700 if tariffs are rolled back.