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UBS upgrades global equities view on AI tailwinds
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UBS upgrades global equities outlook, pointing to AI-driven growth and raising S&P 500 target to 6,900.
UBS raised its global equities rating from “neutral” to “attractive,” citing structural support from AI investment and expected capital expenditure cycles. It also lifted its 2025 S&P 500 target from 6,600 to 6,900.