UBS Keeps S&P 500 Year-End 2027 Target at 8,900

Cointime reports: UBS maintained its year-end 2027 target for the S&P 500 at 8,900 on November 10, saying this year’s sharp valuation pullback has historically pointed to strong subsequent returns. The bank forecasts S&P 500 earnings per share rising 18% to $430 in 2027 and a further 14% to $490 in 2028. It recommends overweighting semiconductors over tech hardware and favors software, hyperscalers, healthcare and financials, preferring the Nasdaq 100 to the Russell 2000.