October 16, 2024

UBS has just lowered earnings estimates — and raised its S&P 500 target

 UBS has just lowered earnings estimates — and raised its S&P 500 target

UBS has just lowered earnings estimates — and raised its S&P 500 target

UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.