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Why Barclays is the latest Wall Street bank to slash its outlook on stocks

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Summary
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75% Informative

Barclays strategist Venu Krishna slashed his 2025 S&P 500 price target to 5,900 from 6,600 on Wednesday .

Krishna cites tariffs and "deteriorating" economic data as reasons for the reduction in earnings power.

Goldman Sachs' chief economist Jan Hatzius said on Monday he thinks the market will be negatively surprised by tariffs.

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