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Barclays becomes latest on Wall Street to slash 2019 stock forecast on fear of an earnings slowdown
Barclays lowers its year-end price target for the S&P 500 to 2750 from 3000. The bank cites bearish retail investor sentiment and slowing non-US economic growth. At least five Wall Street firms have slashed their 2019 forecasts for stocks, including Canaccord Genuity, Credit Suisse, Citi, and BMO Capital Markets.
https://finance.yahoo.com/m/d7a9557...9bb/barclays-becomes-latest-on.html?.tsrc=rss
Barclays lowers its year-end price target for the S&P 500 to 2750 from 3000. The bank cites bearish retail investor sentiment and slowing non-US economic growth. At least five Wall Street firms have slashed their 2019 forecasts for stocks, including Canaccord Genuity, Credit Suisse, Citi, and BMO Capital Markets.
https://finance.yahoo.com/m/d7a9557...9bb/barclays-becomes-latest-on.html?.tsrc=rss