Ameriprise keeps S&P 500 year-end target at 8,000 despite higher-for-longer rate risks

• Ameriprise kept its 2026 year-end S&P 500 target at 8,000, citing improving earnings expectations despite higher yields.
• Full-year 2026 S&P 500 EPS estimates cited near $362; 2027 estimates above $417, implying another year of double-digit growth.
• Base case assumes one more 25-basis-point Fed hike before year-end; policy expected to stay restrictive as core PCE reaches 2% in 2029.
• 10-year Treasury yield ended above 5.0%; higher term premium tied to large deficit borrowing seen capping equity valuations.
• Upside needs stronger 2027 growth outlook, lower energy-driven inflation, stabilizing rates; downside risks include hotter growth, higher oil, slower AI capex.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameriprise Financial Inc. published the original content used to generate this news brief on September 21, 2026, and is solely responsible for the information contained therein.