Citi’s Levkovich cuts S&P 500 target as sentiment enters panic mode
January 03, 2019 at 13:53 PM EST
Stocks are on the verge of their worst start to a new year in nearly two decades, one of the most iconic companies in the world lowered its earnings outlook and high-profile strategists are already cutting their S&P 500 targets. And it’s only day three into the new year.