Third time lucky? Citi changes its S&P target once more after index hits 6,000.

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Last Updated: June 9, 2025 at 6:41 a.m. ET
First Published: June 9, 2025 at 6:39 a.m. ET

Stocks have bounced a lot since the April lows. Citigroup analysts are upbeat. Photo: angela weiss/Agence France-Presse/Getty Images

It was by just a fraction, but the S&P 500 closed last week above the 6,000 mark again. Another 2.4% advance and the Wall Street benchmark will be back in record territory.

Unsurprisingly, the stock market’s 20.4% surge off the mid-April low has left a succession of analysts executing some swift U-turns. S&P 500 SPX targets for 2025 from early in the year were slashed several weeks ago and are now being pushed up again.