Michael Kantro sees the S&P 500 reaching 8,100 by year-end 2027, based on a 20x multiple on estimated EPS of $405. He says Fed rate moves could shift valuation

Michael Kantro sees the S&P 500 reaching 8,100 by year-end 2027, based on a 20x multiple on estimated EPS of $405. He says Fed rate moves could shift valuation by 1 P/E point, or about 400 index points, and remains in the “holder for longer” camp.