Bank of America Lifts S&P 500 Target on Corporate America’s Resilience

Bank of America Corp. strategists boosted their outlook for US equities, citing the Corporate America’s ability to maintain earnings guidance in the face of President Donald Trump’s chaotic trade policies.

Strategists including Savita Subramanian and Jill Carey Hall raised their year-end target for the S&P 500 Index to 6,300 from 5,600, and established a 12-month target of 6,600. The index traded near 6,222 as of 11:27 a.m. in New York.