The S&P 500 will hit 7,000 points by the end of next year, according to Deutsche Bank AG’s Bankim Chadha, making him the most optimistic among Wall Street strategists predicting further gains for US stocks.

Analysts are bullish on stocks for the coming year, and Deutsche Bank's 2025 target is among the more optimistic on Wall Street

Deutsche Bank on Monday set 7,000 points as the target for the S&P 500 index by the end of 2025, saying it expects robust earnings growth to continue into the next year among other factors. Earlier in the day,