Wall Street strategists haven't changed their year-end S&P 500 price targets in a few weeks now. The average year-end target from Bloomberg's weekly survey remains at 1,022, which is actually 1.34% below the S&P 500's current level.
Bloomberg is also surveying for year-end 2010 S&P 500 price targets, and so far four strategists have provided their prognostications. As shown below, Deutsche Bank currently has the highest 2010 price target at 1,260, followed by RBC at 1,150, and Credit Suisse and Citigroup who are both at 1,100. The average of these four targets is 1,153, which would mean a gain of 11.26% from current levels.
David Bianco is no longer with UBS. He's at BofA-Merrill. Rich Bernstein is no longer at BofA-Merrill.
Posted by: Susan | September 10, 2009 at 02:53 PM
Give me a break -- these are the biggest clowns out there.. Who cares what they think? You forgot about big Jim at Wells Fargo. I believe he's calling for Dow 17,500 by Dec 1. This guy actually likes stocks when the Fed hikes!! Remember that one... Please.....guys. No Mas de estos jokers.
Posted by: phil | September 10, 2009 at 04:12 PM