1 of Wall Street’s Most Bullish Market Strategists Just Slashed His 2026 S&P 500 Price Target by 500 Points

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Recently, one of Wall Street’s most bullish strategists trimmed his S&P 500 price target for the year. Ed Yardeni of Yardeni Research recently slashed his forecast from 8,400 to 7,900, which suggests minimal upside in the final 3.5 months of the year, with the index already around 7,600. 8,400 had been the highest price target on the Street.