UBS cuts S&P 500 target and GDP forecast for 2025

Kelleher Warns UBS Faces ‘Extreme’ 50% Rise in Capital Demands

UBS Group AG Chairman Colm Kelleher said current reform plans by Switzerland would dramatically push up the bank’s capital requirements, as he seeks to show that the move would effectively render the global firm uncompetitive.

UBS cuts S&P 500 target and GDP forecast for 2025

David Lefkowitz, UBS Global Wealth Management's head of U.S. equities, cut his S&P 500 target by about 9% to 5,800 from 6,400.

Wall Street analysts and strategists say they are 'surprised' by the magnitude of Donald Trump's pricing - and downward revisions are increasing, both for stocks and for the US GDP. UBS lowered the target for the S&P 500 from 6,400 to 5,800 points at the end of this year, implying a slight drop of 1.4% compared to the close of 2024. The index closed today at 4,983, down 1.6% under the impact of the additional burden of 50% of tariffs on China, b…

The economists at Grossbank UBS see dark clouds in the economic sky due to US tariffs. Customs duties are expected to significantly inhibit Swiss economic growth in this year and next.