SocGen Joins The Party, Raises Stock Portfolio Allocation On “Equity Tailwinds”

SocGen Joins The Party, Raises Stock Portfolio Allocation On “Equity Tailwinds”

On Monday we noted that Credit Suisse had upped its targets on the S&P (both mid-year and year-end) and on the Euro Stoxx 50, the FTSE 100 and Nikkei 225 (year-end). Specifically, this is what the bank had to say: Following the reaching of our mid-year S&P 500 target, we raise both our mid-year and year-end S&P targets to 2,400 and 2,500, respectively (from 2,350 and 2,300). We continue to see a clear-cut risk — as highlighted in our piece, Surprises for 2017, 20 January — that
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