Market Extra: S&P 500 has a new record high 2023 price target. Here’s a look at Wall Street’s official stock-market outlook.

Despite the U.S. stock-market rally this year bolstered by the euphoria around artificial intelligence and hopes that the U.S. economy can avoid a recession as inflation falls, stock prices have been anything but simple to predict this year, a challenge exemplified recently by some of the Wall Street’s most prominent analysts.

Oppenheimer Asset Management analysts on Tuesday projected the S&P 500 index SPX would rise above its record high by the end of 2023, lifting their year-end price target for the large-cap index to…