Stocks: Merrill Lynch Cuts S&P 500 Target, Sees Greater Risk
February 12, 2016 at 15:59 PM EST
BofA Merrill Lynch strategist Savita Subramanian and team cut their S&P 500 target to 2,000 today, Citing “greater risk.” Reuters That S&P 500 target of 2,000 is down from 2,200, and while that’s still higher than the popular benchmark is trading today, Subramanian says there could be “significant near-tern downside to current levels” unless economic […]