OPPENHEIMER RAISES S&P 500 TARGET TO 7,100 FROM 5,950 Oppenheimer restored its year-end S&P 500 target to 7,100, up from 5,950 in April, thanks to new trade deals with Japan and the EU easing market uncertainty. This implies an 11% gain from the July 25 close. The firm also maintained its 2025 earnings forecast of 275 per share, reflecting a forward P/E of 25.8. Strong Q4 and Q1 earnings, with 84% of companies beating estimates this quarter, support the outlook. Oppenheimer highlights the U.S. economy’s resilience and the Fed’s success in lowering inflation from 9% to 2.7% without causing a recession. The firm advises investors to focus on quality stocks during market dips and favors cyclical sectors and U.S. exposure while keeping stakes in developed and emerging markets.(*Walter Bloomberg)