AsianFin -- UBS Global Wealth Management on Thursday raised its year-end target for the S&P 500 index (.SPX) to 6,000, up from a previous projection of 5,800, citing stronger-than-expected corporate earnings and resilient economic momentum.

In addition, the firm introduced a new target of 6,400 for June 2026, reflecting continued confidence in U.S. equity market growth over the medium term.

UBS also revised its earnings outlook, raising its 2025 forecast for S&P 500 earnings per share (EPS) to $260 from $250. For 2026, the bank now expects EPS to reach $280, up from its earlier estimate of $275.