Wells Fargo stays bullish, betting AI will power S&P 500 to 7,200 by end 2026

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Bull and Bear Symbol with Stock Market Concept.

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Wells Fargo strategists reiterated their bullish call on U.S. equities and expect the S&P 500 (SPX) to reach 6,650 by year-end 2025 and 7,200 by year-end 2026. This outlook is guided by the firm's PRSM framework, Profits, Rates, Sentiment, and Macro, which signals a 9% return

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