• Robert Reincke posted an update 3 years, 10 months ago

    From Tony Dwyer in Marketwatch article

    Dwyer, who on March 16 “suspended’ his 3,440 target for the S&P 500 on Monday set a 12-to-18-month target for the large-cap index at 3,000 — around 2.4% above its level from Monday’s close. That reflects his forecast for 2021 earnings per share of $150 and a price-to-earnings ratio of 20.

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