Bloomberg Surveillance · Tuesday, July 7, 2026
Julian Emanuel and Manuel of Evercore have maintained their S&P 500 year-end price target of 5775, noting increased market volatility. They attribute this to concerns surrounding AI adoption, spending, regulation, profits, sustainability, and capital raising.
“Julian and Manuel of Evercore maintaining a seventy seven fifty s and P year end price target, writing stocks have become more volatile as the wall of worry is large around AI adoption, spend, regulation, profits, the sustainability and capital raised.”