UBS just raised its S&P 500 price target for the 4th time this year. Here's how it says stocks can soar 17% by the end of the year.

Reuters

• UBS increased its S&P 500 year-end price target to 5,900, marking the fourth increase from the bank this year.
• UBS said favorable market conditions remain due to profit growth, disinflation, and AI investments.
• It added that the S&P 500 could surge 17% to 6,500 by year-end in a bull-case scenario.

UBS is once again raising its year-end price target for the S&P 500.

For the fourth time this year, UBS raised its price target on Thursday...