Jefferies sets S&P 500 target of 9,000 by end-2027
Jefferies expects the S&P 500 to reach 9,000 by end-2027, citing earnings growth that can lift the market without relying on continually higher valuations.
Jefferies expects the S&P 500 to reach 9,000 by the end of 2027, but its bullish forecast is not based on investors paying ever-higher valuations. The bank is instead betting that corporate earnings can rise sharply enough to push the market higher, with profit growth widening beyond mega-ca…