Positive

From Investing.com: 2025-01-11 05:00:00

Wells Fargo predicts a bright future for equities in 2025, citing strong earnings growth and a supportive economic environment. The bank expects equity prices to rise, with a year-end 2025 earnings per share target of $275 and a price target range of 6500 to 6700. Historical patterns during Fed easing cycles support the forecast for higher equity prices.

Wells Fargo favors U.S. Large Cap Equities over Mid-Cap and Small Cap Equities, and Developed Market Ex-U.S. over Emerging Markets. The bank recommends focusing on cyclical and growth-oriented sectors, with a “most favorable” ranking on Energy and “favorable” rankings on Communication Services, Financials, and Industrials. Consumer Staples and Utilities are viewed unfavorably.



Read more at Investing.com: Equity prices to continue march higher this year, Wells Fargo says By Investing.com