Barclays ignores macroeconomic risks and raises the target price of the S&P 500 index to 7,650 points.

Barclays Bank strategist has raised the target price of the S&P 500 index at the end of 2026 from 7,400 points to 7,650 points, indicating a 16% upside potential from the closing price on March 23. They pointed out that despite facing growing macro risks such as the Iran war, disruptions brought by artificial intelligence, and the pressure from private credit, the United States still remains at the forefront in terms of nominal growth and technology-driven favorable factors.