YahooSeptember 20, 2026 at 11:07 AM NYLast Month
Wells Fargo Cuts S&P 500 Target to 7,700, Warns of 5%-10% Near-Term Downside
Wells Fargo has lowered its year-end 2026 S&P 500 target to 7,700 from 7,950, citing concerns about equity valuations, investor positioning and liquidity conditions. The firm now forecasts potential near-term downside of 5% to 10%.
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