UBS' Jonathan Golub told Bloomberg sees the S&P at 1350 by year's end. Even though he has pulled back his earnings estimates, absent a European blowup, valuations are supportive.
David Kotok of Cumberland Advisors, writing on the Cumberland web site, sees the S&P in the 1350-1400 range. He says there is too much pessimism and very little chance of recession.
Anthony Dwyer of Collins Stewart told Bloomberg he sees the S&P at 1500 in a year with the 10-year treasury yield flirting with 3%. It should be noted that this past summer, Dwyer was looking for 1550 by the end of 2011.
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