UBS and Morgan Stanley raise year-end targets for S&P 500

UBS Global Wealth Management has raised its year-end target for the S&P 500 index from 7500 points to 7900 points, with an expected 6% increase in the second half of the year. Morgan Stanley has raised its target from 7800 points to 8000 points and predicts reaching 8300 points in the next 12 months. Both institutions adjusted their expectations based on strong financial reports and market resilience.