WALL STREET: Here's What The S&P 500 Will Do This Year
Inspire Kelly / FlickrNo one knows for sure what will happen next in the stock market.
But there is no shortage of people who get paid to make a prediction
Fourteen of Wall Street's best sell-side equity strategist have published their 2013 year-end targets for the S&P 500.
Some calls were bearish, like Wells Fargo's Gina Martin Adams who sees the S&P falling to 1,390.
Others were bullish, like Citi's Tobias Levkovich who sees the S&P heading to 1,615.
A few veterans, legends, and graybeards like Byron Wien, Richard Bernstein, and David Rosenberg also submitted their forecasts.
We've also heard from money management behemoths BlackRock and Federated Investors.
Even the bond gods Bill Gross and Jeff Gundlach made stock market predictions.
Click Here To See What They All Forecast For The S&P 500 >
Below is a round up of what the big Wall Street houses are predicting.
House | S&P 500 Target | EPS |
Wells Fargo | 1,390 | $103.00 |
UBS | 1,425 | $108.00 |
Morgan Stanley | 1,434 | $98.71 |
Deutsche Bank | 1,500* | $108.00 |
Barclays | 1,525 | $105.00 |
Credit Suisse | 1,550 | $104.90 |
HSBC | 1,560 | -- |
Jefferies | 1,565 | $112.90 |
Goldman Sachs | 1,575 | $107.00 |
BMO Capital | 1,575 | $106.25 |
JP Morgan | 1,580 | $110.00 |
Oppenheimer | 1,585 | $108.00 |
BofA Merrill Lynch | 1,600 | $110.00 |
Citi | 1,615 | $108.00 |
AVERAGE | 1,534 | $106.90 |
NOTE: Almost all forecasts were published in December. We suspect many will make adjustments as the details of the fiscal cliff dealings get ironed out.