UBS downgraded U.S. stocks, setting itself at odds with other Wall Street institutions
According to online reports, according to Jin Shi, UBS Fortune downgraded the rating of U.S. stocks from "attractive" to "neutral". Investment director Mark Haferer believes that the stock market has risen too fast in the past month. Although China and the United States recently announced mutual tariff cuts, he warned that uncertainty remains high and the market may fluctuate. At the same time, other Wall Street institutions are more optimistic. Goldman Sachs raised its 2025 target price for the S & P 500 index to 6100 points, and Yardeni Research even raised it to 6500 points. It is expected that the Federal Reserve will not cut interest rates this year.
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