Stocks on Wall Street surrendered early gains and closed broadly lower Friday after the White House said President Donald Trump would impose promised tariffs on key U.S. trading partners. The S&P 500 fell 0.

Shown below are year-end targets for the S&P 500 in 2025 set by various Wall Street banks and research firms. The chart also shows the implied upside or downside from the index's current level of 6,039. The list is by no means comprehensive, but most analysts expect the S&P 500 to move higher.