Jefferies hiked its S&P 500 year-end target by 1,000 points to 6,600, citing strong Q2 earnings and easing macro risks. It sees EPS climbing 10% to $267, underscoring profit resilience. AI-driven stocks and financials led gains, while Fed rate-cut hopes add support. Other banks including HSBC, Citi and Goldman have also lifted forecasts, signalling confidence in broader market upside.