Posted by: youngragingbull | June 5, 2013

Word on the Street: Credit Suisse lifts S&P500 target

According to an investment note released Wednesday, Credit Suisse raised its 2013 target for the S&P500 index to 1,730 from 1,640.

Credit Suisse also introduced a 2014 target for the index, estimating the S&P500 will reach 1,900.

Analysts cite earnings upgrades, economic momentum, and fund flows for support.

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