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https://finance.yahoo.com/news/credit-suisse-citi-cut-2022-102029748.html
Credit Suisse cut its target for the benchmark index by about 10% to 3,850 points on Monday, citing the impact of rising interest rates and slowing economic growth on third-quarter earnings. Citigroup trimmed its year-end target by a more modest 4% to 4,000. The S&P 500 has shed about 25.6% from its all-time peak of 4,818.62 hit in early January.
So soon?
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Credit Suisse, Citi cut 2022 year-end
Posted by fundamentalvalues on 3rd of Oct 2022 at 09:55 am
Credit Suisse, Citi cut 2022 year-end target for S&P 500
https://finance.yahoo.com/news/credit-suisse-citi-cut-2022-102029748.html
finance.yahoo.com
Credit Suisse, Citi cut 2022 year-end target for S&P 500
Credit Suisse cut its target for the benchmark index by about 10% to 3,850 points on Monday, citing the impact of rising interest rates and slowing economic growth on third-quarter earnings. Citigroup trimmed its year-end target by a more modest 4% to 4,000. The S&P 500 has shed about 25.6% from its all-time peak of 4,818.62 hit in early January.
So soon?
Posted by brophy on 3rd of Oct 2022 at 10:27 am
So soon?