(Reuters] Wall Street analysts are releasing their forecasts for U.S. stock markets in 2022. In 2021, the benchmark rose by 27%. The benchmark closed Tuesday at 4,793.54

Below is an overview of the forecasts made by some analysts for this index.

BROKERAGE NAME S&P500 TARGET

@ END 2022

Morgan Stanley (NYSE:) 4,400

Wells Fargo (NYSE:) 5,100-5,300

Goldman Sachs (NYSE:) 5,100

RBC 5,050

BofA Global Research, 4,600

Credit Suisse (SIX:) 5,200

Citigroup (NYSE:) 5,100

Morgan Stanley: Earnings for the index will remain stable, but there will be a greater spread of winners and losers, and growth rates will slow significantly… We believe 2022 will focus more on stocks than styles or sectors.

Wells Fargo: “We are forced by inflation and supply constraints to change the size of our 2022 targets. But, we think the pace for the global economy next year should be above average. Our tactical preferences are almost unchanged for the next six to 18 months.

Goldman Sachs: “Decelerating growth, tightening Fed and rising real yields mean investors can expect slightly below-average returns in the next year.”

Contrary to our expectations, the corporate tax rates in 2022 will probably remain stable and increase in 2023. Share prices will rise and corporate earnings will increase. Equity bull markets will persist.” RBC: We continue to view 2022 as an excellent year for the U.S. Equity Market, with moderate gains than what we experienced in 2021.”

“While we are vigilant regarding margins, it doesn’t make sense to assume that the worst is happening on this front considering the track record of companies in handling cost pressures before the pandemic.”

Credit Suisse

Citigroup: The new target is justified by earnings-related inputs. We remain cautiously positive on the wider market outlook and acknowledge valuation headwinds, as the Fed takes a more hawkish course.