BMO's Belski: Bullseye for 2012 S&P 500
- BMO's Chief Investment Strategist one of few with 1,425 S&P 500
target that was not revised
- Releases new market outlook report, providing targets and insight
NEW YORK, NEW YORK -- (Marketwire) -- 01/11/13 -- Brian Belski, Chief
Investment Strategist at BMO Capital Markets, forecasted an S&P 500
2012 year-end target of 1,425. With the index closing at 1,426, Mr.
Belski was on the mark and one of the few strategists with an
unrevised target from an initial forecast.
Mr. Belski, an industry veteran and top-rated analyst, provides his
outlook for the year ahead:
-- S&P 500 price target of 1,575 in 2013
-- EPS forecasts for year-end 2013: $106.25
-- US stocks to deliver another positive performance in 2013
-- Earnings growth below historical averages, but will be of higher quality
and more consistent
-- Domestic recovery will help offset volatility from other regions in the
To receive a copy of Mr. Belski's 2013 Market Outlook report
or to arrange for an interview, please contact:
Martha McInnis, New York
Alexis Brown, Toronto
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