Evercore ISI Sees S&P 500 Reaching 6,600 by Mid-2025

Evercore ISI predicted that the S&P 500 would rise to 6,600 by mid-2025, citing Donald Trump's "certain and undeniable" victory in the U.S. presidency and suggesting that a potential Republican sweep is "not anyone's base case scenario." The S&P 500 reached a record closing level of 5,929.04 on Wednesday, the day after the U.S. presidential elections. Evercore also highlighted expectations of deregulation as supportive for equities.