BofA Says S&P 500 Hit 2026 Target, Sees Further Upside

Hyperdash News08/05/2026 15:54 UTCEquities

Bank of America reported the S&P 500 reached its 2026 target of 7,741. Technical indicators suggest the rally could extend toward 8,000, 8,234, and potentially 8,541. The bank identified 7,500 as a key support level.

However, Bank of America also noted that weak seasonality and geopolitical risks could limit further gains. The S&P 500 has seen a significant upward trend, and this target achievement marks a notable milestone.

S&P 500 has gained +0.05% on Hyperdash since the news.

Sources

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