Citigroup Raises S&P 500 Year-End Target to 8,100 on AI Earnings Growth, Up 9.5% from Friday's Close

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According to Citigroup, on June 8, the investment bank raised its S&P 500 year-end target to 8,100 points, up 9.5% from Friday's close, citing AI-driven earnings growth as the primary driver. Citigroup previously set the target at 7,700 points. Strategist Tobias Levkovich forecasts 2026 S&P 500 earnings per share at $350, rising to $400 in 2027.
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