Barclays raises target, estimates 11% gain for S&P 500 by end-2026

Core Viewpoint - Barclays strategists have raised their year-end 2026 expectation for the S&P 500, indicating an anticipated 11.4% gain from the benchmark's close on Wednesday, driven by strength in megacap technology and improving market conditions [1] Group 1 - The revised expectation reflects a positive outlook for the S&P 500, suggesting confidence in the market's performance over the next few years [1] - The strength in megacap technology companies is a significant factor contributing to this optimistic forecast [1] - The overall market conditions are showing signs of improvement, further supporting the bullish sentiment [1]