Edward Yardeni, president at Yardeni Research, points to geopolitical developments and higher-for-longer oil prices, among other factors, that led him to lower his year-end target for the S&P 500. He says his previous target of 8,400 is more likely to be reached by the middle of next year.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-09-17/ed-yardeni-lowers-year-end-s-p-500-target-to-7-900-video)