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RBC's Markets in MotionAuthor: RBC Capital Markets
Our regular podcast from Lori Calvasina, Head of US Equity Strategy, that brings a fresh perspective and nuanced, data driven view on the forces shaping U.S. equity markets. Disclaimer: https://www.rbccm.com/en/policies-disclaimers.page Language: en Genres: Business, Business News, Investing, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Updating Our S&P 500 Price Target, Thoughts On Earnings, New Worries
Episode 19
Monday, 14 July, 2025
The big things you need to know: First, we are lifting our year-end 2025 S&P 500 price target to 6,250, essentially taking our price target back to where it was in mid-March. Second, there is no change to our 2025 S&P 500 EPS forecast of $258, which is slightly below consensus. We also review what we’ve learned from the early reporters, which makes us think it’s too early to stop worrying about tariff impacts. Third, we’re adding the momentum trade and earnings sentiment for mega cap growth to the list of things worrying us about the stock market near-term.
