Bank of America expects S&P 500 to rise to 6,666 by 2025

Bank of America expects the S&P 500 to post another double-digit gain in 2025, but says there are better opportunities in individual stocks outside the benchmark index. In a report to clients on Tuesday, Savita Subramanian, the bank's head of U.S. equities and quantitative strategy, put the bank's target for the index at 6,666 by the end of 2025, about 11 per cent above Monday's closing level of 5,997.