Ed Yardeni Continues to Lower its SP500 Target and EPS for 2025 and 2026.
- 2025 EPS $260 vs current consensus $269
- 2026 EPS $300 vs current consensus $307
I do agree with its revisions as I also think think consensus will also start to bring down the estimates for 2025 after downward revisions to GDP.
Yesterday I also posted Goldman also lowering its estimates to $253 (only 3% y/y)
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