S&P 500 Defies Strategist Calls in 3-Day Slump: Chart of the Day – Bloomberg 03-19-13

Salient to Investors:

The average strategists expects the S&P 500 to end 2013 at 1,571. Sean Darby at Jefferies sees 1673 at year end. Credit Suisse, Deutsche Bank, Goldman Sachs, and Morgan Stanley raised year-end estimates this week.

Adam Parker at Morgan Stanley says it is hard to see what causes a major market correction and expects the S&P 500 to end 2013 at 1600.

Read the full article at http://www.bloomberg.com/news/2013-03-20/s-p-500-defies-strategist-calls-in-3-day-slump-chart-of-the-day.html

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