Citi boosts year-end S&P 500 target to 6,300

Citi U.S. equity strategist Scott Chronert raised the firm’s year-end 2025 S&P 500 target to 6,300, citing a marginally more constructive fundamental view and an expectation for persistency of the current valuation backdrop. High policy volatility is likely to continue but the fundamental read appears manageable, the analyst tells investors in a research note. Citi says its mid-2026 target of 6,500 implies high-single-digit upside over the next twelve months and underscores its structural bullishness on U.S. large cap stocks. The firm’s growth preference “continues for now as the AI theme regains momentum.”