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JPMorgan Lifts S&P 500 Target to 7,800 as ‘Blue Sky’ Scenario Approaches

JPMorgan Lifts S&P 500 Target to 7,800 as ‘Blue Sky’ Scenario Approaches
Bloomberg Markets Wednesday 24 June 2026, 13:28 UTC By Joel Leon 1 min read
Key Points

JPMorgan Lifts S&P 500 Target to 7,800 as ‘Blue Sky’ Scenario Approaches JPMorgan Chase & Co. believes US stocks are approaching their “blue sky” scenario, highlighting stronger-than-expected earnings growth and a potential peace deal to end the Iran war as key drivers. Strategists at the bank boosted their year-end price target for the S&P 500 Index to 7,800 from 7,600, implying an upside of almost 6% from Tuesday’s close.

JPMorgan Lifts S&P 500 Target to 7,800 as ‘Blue Sky’ Scenario Approaches JPMorgan Chase & Co. believes US stocks are approaching their “blue sky” scenario, highlighting stronger-than-expected earnings growth and a potential peace deal to end the Iran war as key drivers. Strategists at the bank boosted their year-end price target for the S&P 500 Index to 7,800 from 7,600, implying an upside of almost 6% from Tuesday’s close.
JPMorgan Lifts (ORG) Target (ORG) JPMorgan Chase & Co. (ORG) US (LOCATION) the Iran war (EVENT)
Originally published by Bloomberg Markets Read original →

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