Where do the sharpest minds on Wall Street believe the market is headed? The CNBC Pro exclusive Market Strategist Survey is a roundup of year-end targets for the S & P 500 from top Wall Street strategists, updated quarterly, or whenever there is a material change to the forecasts. Here are the current 2025 targets from top strategists: Maximum target: 6,500 —Mike Wilson, Morgan Stanley Minimum target: 5,200 —Dubravko Lakos-Bujas, JPMorgan Average target: 5,917 Median Target: 5,925